Item 7.01 Regulation FD Disclosure.

On December 9, 2020, Lowe's Companies, Inc. (the "Company") issued a press release in connection with its virtual Investor Update, reiterating its outlook for operating results for fourth quarter 2020 as previously released, and providing its 2020 full-year outlook that incorporates the fourth quarter expected results. In its press release, the Company also announced that the Board of Directors authorized a new $15 billion share repurchase program, pursuant to which the Company may, from time to time, purchase shares of its common stock. This new repurchase program has no expiration date and adds to the previous program's balance, which was $4.7 billion as of December 8, 2020. Subject to market conditions, share repurchases may be executed through open market transactions or through private off-market transactions in compliance with the requirements of the Securities and Exchange Commission. The Company's repurchase program may be suspended, discontinued or resumed at any time.

A replay of the webcast of the Company's Investor Update, including the accompanying slides and other relevant materials, will be archived on ir.lowes.com. A copy of the Company's press release is attached as Exhibit 99.1 to this Current Report on Form 8­K and is incorporated by reference into this Item 7.01.

This information, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits:
Exhibit No.                 Description
  99.1                        Press Release, dated December 9, 2020, reiterating fourth quarter 2020
                            outlook, providing 2020 full-year outlook that incorporates the fourth
                            quarter expected results, and announcing new share repurc    ha    se
                            program.

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