Lowe's names three new board members after talks with activist investor [Seeking Alpha]
Lowe's Companies, Inc. (LOW)
Last lowe's companies, inc. earnings: 2/26 06:00 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=95223&p=irol-irhome
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Source: Seeking Alpha
Lowe's names three new board members after talks with activist investorLowe's (NYSE:LOW)+1.9% premarket afternaming two independent board members with plans to appoint a third following talks with activist hedge fund D.E. Shaw.The news follows areport last week that D.E. Shaw had built an active stake in the company and was concerned about its performance compared with other home improvement retailers.The board appointees are David Batchelder, co-founder of Relational Investors - reportedlyrecommended by D.E. Shaw - and Lisa Wardell, CEO of Adtalem Global Education; Brian Rogers, chairman of T. Rowe Price Group and its former chief investment officer, also will be nominated.See all stocks on the move »Now read:Lowe's: Fixing What Is Not Broken »
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- D.A. Davidson downgrades Lowe's on performance against Home Depot [Yahoo! Finance]Yahoo! Finance
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Earnings
- 2/27/24 - Beat
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Sec Filings
- 3/25/24 - Form 144
- 3/25/24 - Form 4
- 3/25/24 - Form 4
- LOW's page on the SEC website