MOORESVILLE, N.C., Jan. 26, 2018/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 $5 billionrepurchase program for the company's common stock. This new repurchase program has no expiration date and is additive to the previous program's remaining balance, which was $2.1 billionas of Nov. 3, 2017, the end of the company's third fiscal quarter. Repurchases will be subject to market conditions and will be made from time to time either in the open market or through private off-market transactions in accordance with the requirements of the Securities and Exchange Commission. The company's repurchase program may be suspended, discontinued or resumed at any time.

About Lowe's
 Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canadaand Mexico. With fiscal year 2016 sales of $65.0 billion, Lowe's and its related businesses operate or service more than 2,370 home improvement and hardware stores and employ over 290,000 people. Founded in 1946 and based in Mooresville, N.C., Lowe's supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

SOURCE Lowe's Companies, Inc.

Lowe's Companies Inc. published this content on 26 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 January 2018 21:44:05 UTC.

Original documenthttps://newsroom.lowes.com/news-releases/lowes-announces-share-repurchase-program/

Public permalinkhttp://www.publicnow.com/view/0B203EE96829233571D079D6A372AADC3D5CF58A