Home > Analyse
Actualite financiere : Actualite bourse

Home Depot: share buyback program.

(CercleFinance.com) - At an annual investor conference, Home Depot has announced that its board of directors has authorised a share buyback program of up to 15 billion dollars, replacing the previous authorisation.

"We will accelerate our investments, while continuing to focus on delivering the value our shareholders expect from The Home Depot," said Craig Menear, chairman, CEO and president of the home renovation chain.

While confirming its targets for the current fiscal year, Home Depot has set new financial targets for 2020, including an operating margin of approximately 14.4% to 15% and turnover of approximately 114.7 billion to about 119.8 billion dollars.

Copyright (c) 2017 CercleFinance.com. All rights reserved.