Home Depot Terminates Material Definitive Agreement

Ticker: HD · Form: 8-K · Filed: 2025-05-06T00:00:00.000Z

Sentiment: neutral

Topics: agreement-termination, material-event

Related Tickers: HD

TL;DR

HD terminated a big deal, details TBD.

AI Summary

On May 6, 2025, The Home Depot, Inc. filed an 8-K to report the termination of a material definitive agreement and other events. The filing does not specify the counterparty or the nature of the agreement that was terminated.

Why It Matters

The termination of a material definitive agreement could signal a change in strategic partnerships or contractual obligations for Home Depot, potentially impacting future operations or financial arrangements.

Risk Assessment

Risk Level: medium — Termination of a material definitive agreement can indicate significant shifts in business relationships or strategy, the implications of which are not yet clear.

Key Players & Entities

FAQ

What was the material definitive agreement that was terminated?

The filing does not specify the name or details of the material definitive agreement that was terminated.

Who was the counterparty to the terminated agreement?

The filing does not disclose the identity of the other party involved in the terminated agreement.

What is the effective date of the termination?

The filing indicates the date of the earliest event reported is May 6, 2025, which is also the date of the report and the date as of change.

Are there any financial implications from this termination?

The filing does not provide information regarding the financial implications of the terminated agreement.

What are the 'Other Events' mentioned in the filing?

The filing lists 'Other Events' as an item information, but does not provide specific details about what these events entail.

From the Filing

0000354950-25-000130.txt : 20250506 0000354950-25-000130.hdr.sgml : 20250506 20250506162326 ACCESSION NUMBER: 0000354950-25-000130 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250506 ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Other Events FILED AS OF DATE: 20250506 DATE AS OF CHANGE: 20250506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOME DEPOT, INC. CENTRAL INDEX KEY: 0000354950 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211] ORGANIZATION NAME: 07 Trade & Services EIN: 953261426 STATE OF INCORPORATION: DE FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08207 FILM NUMBER: 25917617 BUSINESS ADDRESS: STREET 1: 2455 PACES FERRY ROAD CITY: ATLANTA STATE: GA ZIP: 30339-4024 BUSINESS PHONE: 770-433-8211 MAIL ADDRESS: STREET 1: 2455 PACES FERRY ROAD CITY: ATLANTA STATE: GA ZIP: 30339-4024 FORMER COMPANY: FORMER CONFORMED NAME: HOME DEPOT INC DATE OF NAME CHANGE: 19920703 8-K 1 hd-20250506.htm 8-K hd-20250506 false 0000354950 0000354950 2025-05-06 2025-05-06 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________ FORM 8-K __________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): May 6, 2025 __________________ THE HOME DEPOT, INC. (Exact Name of Registrant as Specified in Charter)   __________________ Delaware 1-8207 95-3261426 (State or Other Jurisdiction of Incorporation)    (Commission File Number)    (IRS Employer Identification No.) 2455 Paces Ferry Road , Atlanta , Georgia 30339 (Address of Principal Executive Offices) (Zip Code) ( 770 ) 433-8211 (Registrant’s Telephone Number, Including Area Code) Not Applicable (Former Name or Former Address, if Changed Since Last Report)     __________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.05 Par Value Per Share HD New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Item 1.02    Termination of a Material Definitive Agreement. As previously reported, The Home Depot, Inc. (the “Company”) is party to multiple revolving credit facilities that backstop the Company’s $7.0 billion commercial paper program. On May 6, 2025, the Company terminated its $2.0 billion 364-day revolving credit facility agreement, dated as of May 7, 2024 (the “May 2024 364-Day Facility”), with JPMorgan Chase Bank, N.A., as administrative agent, under which no borrowings were outstanding. The Company entered into the May 2024 364-Day Credit Facility to allow for borrowings for general corporate purposes, inclu

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