Recent Releases

09/03/14 - Lowe's Prices $1.25 Billion Notes Offering
MOORESVILLE, N.C., Sept. 3, 2014 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $450 million of Floating Rate Notes due 2019, $450 million of 3.125% Notes due 2024 and $350 million of 4.250% Notes due 2044. Estimated net proceeds from this offering will be approximately $1.24 billion, after deducting offering expenses and underwriters' discounts. Lowe's intends to use the net proceeds from the sale of the Notes for general corporate purposes. Closing is
08/27/14 - Lowe's to Webcast Presentation from the Goldman Sachs 21st Annual Global Retailing Conference
MOORESVILLE, N.C., Aug. 27, 2014 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Michael A. Jones, chief customer officer, will present at the Goldman Sachs 21st Annual Global Retailing Conference in New York, NY.   What: Presentation by Mike Jones at the Goldman Sachs 21st Annual Global Retailing Conference in New York, NY   When: 11:20 a.m. Eastern Time on Wednesday, September 3, 2014  
08/22/14 - Lowe's Companies, Inc. Declares Cash Dividend
MOORESVILLE, N.C., Aug. 22, 2014 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of twenty three cents ($0.23) per share, payable November 5, 2014, to shareholders of record as of October 22, 2014. Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 15 million customers a week in the United States, Canada and Mexico.  With fiscal year 2013 sales of $53.4 billion, Lowe's has
08/20/14 - Lowe's Reports Second Quarter Sales and Earnings Results
-- Comparable Sales Increased 4.4 Percent -- -- Diluted Earnings Per Share Increased 18.2 Percent -- MOORESVILLE, N.C., Aug. 20, 2014 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.04 billion for the quarter ended August 1, 2014, a 10.4 percent increase over the same period a year ago. Diluted earnings per share increased 18.2 percent to $1.04 from $0.88 in the second quarter of 2013. For the six months ended August 1, 2014, net earnings increased 12.2
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Stock Split History

Lowe's has been a publicly owned company since October 10, 1961. Its stock has been listed on the New York Stock Exchange since December 19, 1979. Shares are traded under the ticker symbol LOW.

To illustrate the value of Lowe's common stock, here's what has happened to 100 shares of Lowe's stock bought for $12.25 per share on the initial offering date in 1961 and held as a long-term investment. The original 100 shares has grown to 96,000 shares through stock splits and stock dividends (please see our table below). And this does not include the reinvestment of cash dividends.

DateActionSharesShares After
Split
Closing Price
Before Split
Oct
1961
Bought 100 Shares 100 - -
April
1966
100% stock dividend
(2 for 1)
100 200 41.50
Nov
1969
Stock Split
(2 for 1)
200 400 69.50
Nov
1971
50% Dividend
(3 for 2)
400 600 71.25
July
1972
33 1/3% Dividend
(4 for 3)
600 800 82.00
June
1976
50% Dividend
(3 for 2)
800 1,200 40.50
Nov
1981
Stock Spilt
(3 for 2)
1,200 1,800 19.88
April
1983
Stock Split
(5 for 3)
1,800 3,000 40.25
June
1992
100% Dividend
(2 for 1)
3,000 6,000 39.25
April
1994
Stock Split
(2 for 1)
6,000 12,000 64.50
June
1998
Stock Split
(2 for 1)
12,000 24,000 83.69
June
2001
Stock Split
(2 for 1)
24,000 48,000 72.55
June
2006
Stock Split
(2 for 1)
48,000 96,000 60.67