Home Depot to Buy Back $1 Billion Shares
March 29, 2011 at 01:20 AM EDT
Home Depot Inc (HD) announced late Monday a $1 billion stock buy-back plan through an accelerated share repurchase program with Barclays Capital (BCS). The Atlanta-based home improvement retailer said it would finance the move by a debt issuance of $2 billion senior notes. Half of the funds will be used for the buyback, while the [...]