Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

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Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Lowe’s common stock is traded on the New York Stock Exchange (NYSE). The ticker symbol for Lowe’s is “LOW”. As of March 20, 2020, there were 22,129 holders of record of Lowe’s common stock.

Total Return to Shareholders

The following information in Item 5 of this Annual Report is not deemed to be “soliciting material” or to be “filed” with the SEC or subject to Regulation 14A or 14C under the Securities Exchange Act of 1934 or to the liabilities of Section 18 of the Securities Exchange Act of 1934, and will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent we specifically incorporate it by reference into such a filing.

The following table and graph compare the total returns (assuming reinvestment of dividends) of the Company’s common stock, the S&P 500 Index (S&P 500) and the S&P Retailing Industry Group Index (S&P Retail Index). The graph assumes $100 invested on January 30, 2015 in the Company’s common stock and each of the indices.



	1/30/2015		1/29/2016		2/3/2017		2/2/2018		2/1/2019		1/31/2020
Lowe’s	$	100.00	$	107.38	$	111.78	$	157.69	$	153.89	$	187.74
S&P 500	100.00		99.33		120.26		147.48		147.40		179.17
S&P Retail Index	$	100.00	$	115.56	$	134.42	$	189.60	$	203.54	$	243.26

Issuer Purchases of Equity Securities

The following table sets forth information with respect to purchases of the Company’s common stock made during the fourth quarter of fiscal 2019:



	Total Number of Shares Purchased 1	Average Price Paid per Share		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs 2	Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs 2
November 2, 2019 – November 29, 2019	1,639,183	$	115.11	1,639,183	$	10,138,558,200
November 30, 2019 – January 3, 2020	2,545,679	118.34		2,545,047	9,837,384,381
January 4, 2020 – January 31, 2020	1,493,160	120.62		1,492,237	9,657,384,423
As of January 31, 2020	5,678,022	$	118.01	5,676,467	$	9,657,384,423


1	The total number of shares purchased includes shares withheld from employees to satisfy either the exercise price of stock options or the statutory withholding tax liability upon the vesting of share-based awards.


2	On December 12, 2018, the Company announced that its Board of Directors authorized an additional $10.0 billion of share repurchases, in addition to the $5.0 billion of share repurchases authorized by the Board of Directors in January 2018, with no expiration.

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