Home Depot (HD) has shared an announcement.
The Home Depot, Inc. has announced the termination of its $10 billion revolving credit facility, effective June 27, 2024, as the company found it unnecessary due to the absence of any borrowings. This decision reflects a strategic financial move by the retail giant, indicating a shift in their capital management approach.
For an in-depth examination of HD stock, go to TipRanks’ Stock Analysis page.
