UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Lowes Companies, Incorporated
(Name of Issuer)
Common Stock
(Title of Class of Securities)
548661107
(CUSIP Number)
December 31, 2007
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
CUSIP: 548661107 Page 1 of 6
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Capital Research Global Investors **
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
5 SOLE VOTING POWER
68,804,100
6 SHARED VOTING POWER
NUMBER OF
SHARES NONE
BENEFICIALL
Y OWNED BY
7 SOLE DISPOSITIVE POWER
EACH
REPORTING 172,592,500
PERSON
WITH:
8 SHARED DISPOSITIVE POWER
NONE
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
172,592,500 Beneficial ownership disclaimed pursuant to Rule 13d-
4
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.8%
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA
** A division of Capital Research and Management Company (CRMC)
CUSIP: 548661107 Page 2 of 6
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Amendment No.
Item 1(a) Name of Issuer:
Lowes Companies, Incorporated
Item 1(b) Address of Issuer's Principal Executive Offices:
1000 Lowe's Blvd.
Mooresville, NC 28117
Item 2(a) Name of Person(s) Filing:
Capital Research Global Investors
Item 2(b) Address of Principal Business Office or, if none,
Residence:
333 South Hope Street
Los Angeles, CA 90071
Item 2(c) Citizenship: N/A
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
548661107
Item 3 If this statement is filed pursuant to sections 240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing is a:
(e) [X] An investment adviser in accordance with
section 240.13d-1(b)(1)(ii)(E).
Item 4 Ownership
Provide the following information regarding the aggregate
number and percentage of the class of securities of the issuer
identified in Item 1.
(a) Amount beneficially owned:
(b) Percent of class:
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
(ii) Shared power to vote or to direct the vote:
(iii) Sole power to dispose or to direct the disposition of:
(iv) Shared power to dispose or to direct the disposition of:
See page 2
Capital Research Global Investors is deemed to be the
beneficial owner of 172,592,500 shares or 11.8% of the
1,462,603,000 shares of Common Stock believed to be outstanding
as a result of CRMC acting as investment adviser to various
investment companies registered under Section 8 of the
Investment Company Act of 1940.
CUSIP: 548661107 Page 3 of 6
Item 5 Ownership of Five Percent or Less of a Class. If this
statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities,
check the following: [ ]
Item 6 Ownership of More than Five Percent on Behalf of Another
Person: One or more clients of Capital Research Global
Investors have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of,
the Common Stock of Lowes Companies, Incorporated.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company or Control Person. : N/A
Item 8 Identification and Classification of Members of the Group:
N/A
Item 9 Notice of Dissolution of Group: N/A
Item 10 Certification
By signing below, I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Date: January 10, 2008
Signature: Timothy D. Armour^
Name/Title: Timothy D. Armour -- Senior Vice
President
Capital Research Global Investors
^By /s/ James P. Ryan
James P. Ryan
Attorney-in-fact
Signed pursuant to a Power of Attorney dated December 21,
2007 included as an Exhibit to this Schedule 13G.
CUSIP: 548661107 Page 4 of 6
POWER OF ATTORNEY
The undersigned do hereby appoint James P. Ryan and Herbert Y.
Poon, and each of them, acting singly, with full power of substitution,
as the true and lawful attorney of the undersigned, to sign on behalf
of the undersigned in respect of the ownership of equity securities
deemed held by the undersigned, Capital Research Global Investors,
AMCAP Fund, Inc., American High-Income Trust, American Mutual Fund,
Inc., The Bond Fund of America, Inc., American Funds Insurance Series
(Global Discovery Fund, Growth-Income Fund, Global Small Capitalization
Fund, Blue Chip Income and Growth Fund, International Fund) Capital
Income Builder, Inc., Capital World Growth and Income Fund, Inc.,
EuroPacific Growth Fund, The Growth Fund of America, Inc., The
Investment Company of America, New World Fund, Inc., SMALLCAP World
Fund., Inc., and Washington Mutual Investors Fund, Inc., and to be
reported pursuant to Sections 13(d) 13(f) and 13(g) of the Securities
Exchange Act of 1934, as amended, and to execute joint filing
agreements with respect to such filings.
IN WITNESS WHEREOF, this Power of Attorney, has been executed as
ST
of the 21 day of December 2007.
Capital Research Global Investors
/s/ Timothy D. Armour
------------------------------
Name: Timothy D. Amour
Title: Senior Vice President
AMCAP Fund, Inc.
American Mutual Fund, Inc.
Capital Income Builder, Inc.
Capital World Growth and Income Fund, Inc.
EuroPacific Growth Fund, Inc.
The Investment Company of America
New World Fund, Inc.
/s/ Vincent P. Corti
------------------------------
Name: Vincent P. Corti
Title: Secretary
American High-Income Trust
The Bond Fund of America, Inc.
/s/ Kimberly S. Verdick
---------------------------------
Name: Kimberly S. Verdick
Title: Secretary
Washington Mutual Investors Fund, Inc.
/s/ Jennifer L. Butler
------------------------------
Name: Jennifer L. Butler
Title: Secretary
The Growth Fund of America, Inc.
CUSIP: 548661107 Page 5 of 6
/s/ Patrick F. Quan
----------------------------
Name: Patrick F. Quan
Title: Secretary
SMALLCAP World Fund, Inc.
/s/ Chad L. Norton
---------------------------
Name: Chad L. Norton
Title: Secretary
American Funds Insurance Series
/s/ Steven I. Koszalka
------------------------------
Name: Steven I. Koszalka
Title: Secretary
CUSIP: 548661107 Page 6 of 6