Recent Releases

02/03/16 - Lowe's to Acquire RONA; Creating Canada's Leading Home Improvement Retailer
-- Transaction valued at C$3.2 billion (US$2.3 billion) -- - Transaction unanimously approved by both companies' Boards of Directors - Agreement is based on compelling strategic rationale for both companies - Lowe's pledges important commitments to RONA's key Canadian stakeholders - Lowe's to locate its Canadian head office in Boucherville, Quebec; Canadian operations to be headed by  Sylvain Prud'homme, President of Lowe's Canada - Acquisition accelerates Lowe's growth strategy in Ca
01/29/16 - Lowe's Companies, Inc. Names Sandra B. Cochran To Board Of Directors
MOORESVILLE, N.C., Jan. 29, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced Sandra B. Cochran, 57, has been appointed to its board of directors, effective immediately.  Today's announcement brings Lowe's board of directors to 13 members, 12 of whom are independent. "Sandy brings a combination of strong leadership and retail experience, as well as tremendous financial acumen to Lowe's, and I am pleased to welcome her to our board of directors," said Robert A. Niblock,
01/18/16 - Lowe's Plans to Exit Home Improvement Joint Venture in Australia
MOORESVILLE, N.C., Jan. 18, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced it has provided notification to Woolworths Limited, its joint venture partner in Australia, of its intent to begin the process of exiting its investment in the joint venture, which operates Masters Home Improvement stores and Home Timber and Hardware Group's retail stores and wholesale distribution in Australia. Woolworth's owns two-thirds of the joint venture, and Lowe's owns one-third. Rich
01/14/16 - Lowe’s Appoints Jennifer L. Weber As Chief Human Resources Officer
MOORESVILLE, N.C., Jan. 14, 2016 /PRNewswire/ — Lowe’s Companies, Inc. (NYSE: LOW) today announced that Jennifer L. Weber has been named the company’s chief human resources officer, effective March 1. She will report to Chairman, President and CEO Robert A. Niblock. Weber will succeed Maureen K. Ausura, who announced plans to retire after 11 years with the company. Weber, 49, will oversee global human resources practices, policies and operations that will enable Lowe’s to a
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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