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Lowe's shares traded at over $116 per share, [30] and its market capitalization was valued at over US$90.32 billion in January 2020. [31] Lowe's ranked No. 42 on the 2019 Fortune 500 list. Lowes announced a $10 billion stock buyback [32] at the end of 2018 to begin in 2019, while trimming jobs. [33]
[10] The effect of mulch upon soil moisture content is complex. Mulch forms a layer between the soil and the atmosphere reducing evaporation. [11] However, mulch can also prevent water from reaching the soil by absorbing or blocking water from light rains and overly thick layers of mulch can reduce oxygen in the soil. [12]
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