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Since April 19, 1984, our common stock has been listed on the NYSE, trading under the symbol “HD.” We paid our first cash dividend on June 22, 1987 and have paid a cash dividend during each subsequent quarter.
−Removed: While we currently expect a cash dividend to be paid in the future, future dividend payments will depend on our earnings, capital requirements, financial condition, and other factors considered relevant by our Board of Directors.
−Removed: At February 28, 2024, there were approximately 106,000 holders of record of our common stock and approximately 5,075,000 additional “street name” holders whose shares are held of record by banks, brokers, and other financial institutions.
+Added: While we currently expect a cash dividend to be paid in the future, future dividend payments are subject to declaration by our Board based on our earnings, capital requirements, financial condition, and other factors considered relevant by our Board.
+Added: At March 5, 2025, there were approximately 101,000 holders of record of our common stock and approximately 5,678,000 additional “street name” holders whose shares are held of record by banks, brokers, and other financial institutions.
STOCK PERFORMANCE GRAPH
−Removed: The graph and table below present our cumulative total shareholder returns relative to the performance of the S&P Retail Composite Index and the S&P 500 Index for the five most recent fiscal years.
+Added: The graph and table below present our cumulative total shareholder returns relative to the performance of the S&P 500 Consumer Discretionary Distribution & Retail Index (the “S&P Retail Composite Index”) and the S&P 500 Index for the five most recent fiscal years.
The graph assumes $100 was invested at the closing price of our common stock on the NYSE and in each index on the last trading day of the fiscal year ended February 2, 2020 and assumes that all dividends were reinvested on the date paid.
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Fiscal Year Ended
−Removed: 2019 February 2,
2020 January 31,
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2023 January 28,
+Added: 2024 February 2,
The Home Depot $ 100.00 $ 121.58 $ 167.98 $ 148.77 $ 171.56 $ 203.78
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ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: The following table presents the number and average price of shares purchased in each fiscal month of the fourth quarter of fiscal 2023:
+Added: The following table presents the number and average price of shares purchased by the Company in each fiscal month of the fourth quarter of fiscal 2024:
Period Total Number of Shares Purchased (1)
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November 25, 2024 – December 22, 2024 3,650 422.79 — 11,657,503,041
−Removed: December 25, 2023 – January 28, 2024 1,590,244 350.32 1,588,793 12,255,680,392
+Added: December 23, 2024 – February 2, 2025 2,694 395.74 — 11,657,503,041
14,510 411.18 —
−Removed: (1) These amounts include repurchases pursuant to our Omnibus Stock Incentive Plan, as Amended and Restated May 19, 2022, and our 1997 Omnibus Stock Incentive Plan (collectively, the “Plans”).
+Added: (1) These amounts include deemed repurchases pursuant to our Omnibus Stock Incentive Plan, as Amended and Restated May 19, 2022, and our 1997 Omnibus Stock Incentive Plan (collectively, the “Plans”).
Under the Plans, participants surrender shares as payment of applicable tax withholding on the vesting of restricted stock.
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Shares so surrendered by participants in the Plans are repurchased pursuant to the terms of the Plans and applicable award agreement and not pursuant to publicly announced share repurchase programs.
−Removed: (2) On August 14, 2023, our Board of Directors approved a $15.0 billion share repurchase authorization that replaced the previous authorization of $15.0 billion, which was approved on August 18, 2022.
+Added: (2) On August 14, 2023, our Board approved a $15.0 billion share repurchase authorization that replaced the previous authorization of $15.0 billion, which was approved on August 18, 2022.
The August 2023 authorization does not have a prescribed expiration date.
+Added: As previously disclosed, we paused share repurchases in March 2024.
(3) Excludes excise taxes incurred on share repurchases.
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The deferred stock units were credited during the fourth quarter of fiscal 2024 to the accounts of those non-employee directors who elected to receive all or a portion of board retainers in the form of deferred stock units instead of cash.
−Removed: The deferred stock units convert to shares of common stock on a one-for-one basis following a termination of service as described in this plan.
+Added: The deferred stock units convert to shares of common stock on a one-for-one basis following a termination of service as described in the plan.
During the fourth quarter of fiscal 2024, we credited 5,865 deferred stock units to participant accounts under the Restoration Plans pursuant to an exemption from the registration requirements of the Securities Act for involuntary, non-contributory plans.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.