Home Depot Boosts Buyback to $10B

Atlanta, GA, May 26--Home Depot said it has expanded its share-repurchase program by $1 billion to a total of $10 billion. In the last four years, Home Depot has returned more than 55 percent of net earnings to shareholders through dividend payments or stock buybacks, the company said. It repurchased $8.1 billion of its outstanding shares during that period, Home Depot added.