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Home Depot Announces $15 Billion Buyback Program

Home Depot on Wednesday "announced a $15 billion share repurchase plan and set a target to grow annual sales to between $114.7 billion and $119.8 billion by the year ending January 2021," reports CNBC News (Dec. 6). The nation's largest home improvement chain said this new buyback program, for which it did not set a time period, would replace its previous authorization. It had announced a $15 billion share repurchase program back in February.

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