Atlanta, GA, August 24, 2006--Home Depot Inc., late Thursday said it has approved an additional $3.5 billion to repurchase shares, bringing the total authorized under the program to $17.5 billion.
The company said it had repurchased $12.5 billion under the authorization as of the end of the fiscal second quarter. The board also approved a regular quarterly dividend of 15 cents a share, the company said.