LOWES COMPANIES, INC. (NYSE: LOW) Files An 8-K Regulation FD Disclosure
Item 7.01
Regulation FD Disclosure.
On December 12, 2018, Lowe’s Companies, Inc. (the “Company”) issued a press release in connection with its Analyst and Investor Conference, reiterating prior sales and earnings guidance for fiscal year 2018 and issuing sales and earnings guidance for fiscal year 2019. In its press release, the Company also announced a new $10 billion share repurchase program, to which the Company may, from time to time, purchase shares of its common stock. This new repurchase program has no expiration date and adds to the previous program’s balance, which was $4.5 billion as of November 2, 2018. Subject to market conditions, share repurchases may be executed through open market transactions or through private off-market transactions in accordance with the requirements of the Securities and Exchange Commission. The authorization for the Company’s repurchase program may be suspended, discontinued or resumed at any time.
A replay of the webcast of the Company’s Analyst and Investor Conference, including the accompanying slides and other relevant materials, will be archived on Lowes.com/investor until the next Analyst and Investor Conference. A copy of the Company’s press release is attached as Exhibit 99.1 to this Current Report on Form 8‑K and is incorporated by reference into this Item 7.01.
This information, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
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Item 9.01 |
Financial Statements and Exhibits. |
LOWES COMPANIES INC Exhibit
EX-99.1 2 exhibit991_12122018.htm PRESS RELEASE Exhibit Exhibit 99.1December 12,…
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