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Home Depot (HD) expects share repurchases of $4B in FY12, up from prior guidance of $3.5B. Due...
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Wednesday, June 6, 2012, 7:35 AM ETHome Depot (HD) expects share repurchases of $4B in FY12, up from prior guidance of $3.5B. Due to the timing, the company says the expected increase won't have a material impact on EPS.
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There is a direct correlation between mulch sales and home prices.
Increasing mulch sales results in decreasing home price sales so it seems.