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Lowe's Looks to Possible Offering of Stock, Debt
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Lowe's Looks to Possible Offering of Stock, Debt
Jul 19, 2024 8:06 AM

10:41 AM EDT, 07/19/2024 (MT Newswires) -- Lowe's (LOW) on Friday disclosed plans in a regulatory filing for a potential offering of common stock, preferred stock or debt securities.

The retailer did not indicate how much it might seek to raise but said net proceeds would be used for for general corporate purposes, including stock buybacks, paying down debt, capital projects, future acquisitions or strategic investments.

Price: 239.60, Change: +0.23, Percent Change: +0.10

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