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Home Depot plans $15B buyback

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Home Depot Inc. outlined a plan to repurchase $15 billion worth of its shares.

"Since 2002 and through the third quarter of fiscal 2017, the company has returned approximately $73 billion of cash to shareholders through repurchases, repurchasing approximately 1.3 billion shares," officials said.

Home Depot also forecasted a full-year sales increase of 6.3 percent from 2016. It predicts same-store sales will rise 6.5 percent.

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