Home Depot sets $18 billion buyback, profit beats estimates


(Reuters) – Home Depot Inc , the world's No.1 home improvement chain, reported a better-than-expected rise in quarterly same-store sales said it would buy back $18 billion of its shares. Home Depot's profit also beat market expectations as an improving job market encouraged Americans to spend more on renovations, helping to send its shares up 3 percent in premarket trading on Tuesday. The …

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