HD · 10-Q · 2026Q2 · Full report

Capital Return Program

HOME DEPOT, INC. · 2026-05-27 · Importance 55 · Surprise 32 · Contradicted

In February 2026 Home Depot announced a 1.3% increase in its quarterly cash dividend to $2.33 per share and paid $2.3 billion in cash dividends during Q1 fiscal 2026. The Board approved a $15.0 billion share repurchase authorization in August 2023 (no expiration), but the company paused share repurchases in March 2024 and had not resumed repurchases as of May 3, 2026. As of May 3, 2026 approximately $11.7 billion of the $15.0 billion repurchase authorization remained available. Management states dividends are intended to continue subject to Board declaration, earnings, capital needs and financial condition.

Key facts

• Company paused share repurchases in March 2024 and had not resumed as of May 3, 2026. source
• Board approved share repurchase authorization in August 2023: $15.0 billion; as of May 3, 2026 approximately $11.7 billion remained available. source
• Cash dividends paid during the first three months of fiscal 2026: $2,320 million ($2.3 billion). source
• Net cash used in financing activities for the three months ended May 3, 2026: $(4,713) million. source
• Cash dividends per share increased in February 2026 from $2.30 to $2.33 per share (1.3% increase). source
• Common shares outstanding at end of period May 3, 2026: 1,803 million shares. source

Impact estimates