Lowe's says sees $4B in share repurchases in 2013

theflyonthewall.com

Says comps were flat in November, 3% for December and January. Sees FY cash flow from ops $4.2B, CapEx approximately $1.2B. Sees FY13 free cash flow approximately $3B. Sees $4B in share repurchases for 2013, spread evenly across the quarters. Says growth in 2013 will be helped by rebuilding after Sandy. Comments made on the Q4 earnings conference call.

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