Recent Releases

01/27/17 - Lowe's Companies, Inc. Announces New $5 Billion Share Repurchase Program
MOORESVILLE, N.C., Jan. 27, 2017 /PRNewswire/ -- Reflecting its commitment to return excess cash to shareholders, the Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) today authorized a new repurchase program of $5 billion of the company's common stock. This new repurchase program has no expiration date and adds to the previous program's balance, which was $627 million as of Oct. 28, 2016. Repurchases will be subject to market conditions and will be made from time to time either in the
01/23/17 - Lowe's Appoints Jocelyn Wong As Chief Marketing Officer
Wong Brings 20 Years of Marketing and Merchandising Experience to CMO Role MOORESVILLE, N.C., Jan. 23, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced that Jocelyn Wong has been appointed to the position of chief marketing officer, effective immediately. Wong most recently served as senior vice president and general merchandising manager for the seasonal business.  She will report to Michael P. McDermott, chief customer officer, and succeeds Marci P. Grebstein who has
01/17/17 - Lowe's Appoints Marshall A. Croom Chief Financial Officer; Robert F. Hull Jr. To Retire
Croom Brings 30 Years of Financial and Operational Experience to CFO Role MOORESVILLE, N.C., Jan. 17, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced that Marshall A. Croom, a 20-year Lowe's veteran, has been promoted to the position of chief financial officer, effective March 3. Croom succeeds Robert F. (Bob) Hull Jr., who announced plans to retire after 17 years with the company. Croom will report to Robert A. Niblock, Lowe's chairman, president and CEO.  Hull will r
12/07/16 - Lowe's Outlines Strategic Priorities and Long-Term Financial Targets at 2016 Analyst and Investor Conference
-- Company Reiterates Guidance for Fiscal 2016 -- MOORESVILLE, N.C., Dec. 7, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) meets today with analysts and investors in Mooresville, North Carolina to discuss its strategic priorities and long-term financial targets. Lowe's Enterprise Objectives "We're focused on evolving our business to further drive trust and loyalty by empowering customers throughout their project journey.  Our customers take great pride in their homes and we
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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