Kroger Announces Agreements for $5.0B Accelerated Share …

Dec 19, 2024  · The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share Repurchase ("ASR") agreements with each of Wells Fargo Bank, National Association …


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Dec 19, 2024  · The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share Repurchase ("ASR") agreements with each of Wells Fargo Bank, National Association …

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Kroger Announces Agreements For $5.0B Accelerated Share …

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Dec 19, 2024  · The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share Repurchase ("ASR") agreements with each of Wells Fargo Bank, National Association …

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Kroger Announces Agreements For $5.0B Accelerated Share …

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CINCINNATI, Ohio, Dec. 19, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share Repurchase ("ASR") agreements with each of Wells …

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The Kroger Co. - Kroger Reiterates Its Commitment To Lower …

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Dec 11, 2024  · Kroger's Board of Directors approved a new share repurchase program authorizing the repurchase of up to $7.5 billion of common stock. The new repurchase …

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Kroger Announces Agreement For $5B Accelerated Share …

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Kroger (NYSE:KR) on Thursday said it has entered into accelerated share repurchase agreements (ASR) to repurchase, in aggregate, $5 billion in shares of common stock. The …

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Kroger Announces Agreements For $5.0B Accelerated Share

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CINCINNATI, Ohio, Dec. 19, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share Repurchase ("ASR") agreements with each of Wells …

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Kroger Announces Agreement For $5B Accelerated Buyback Program

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Dec 19, 2024  · Kroger (KR) “announced that it entered into Accelerated Share Repurchase agreements with each of Wells Fargo Bank, National Association and Citibank, N.A. to …

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Kroger Reiterates Its Commitment To Lower Prices And Initiates …

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Dec 11, 2024  · Kroger Announces Agreements for $5.0B Accelerated Share Repurchase Program . The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share …

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Kroger Launches $5 Billion Accelerated Share Repurchase: Details

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Dec 20, 2024  · The grocery giant has entered into Accelerated Share Repurchase agreements with Wells Fargo Bank and Citibank to repurchase a total of $5.0 billion in shares of its …

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Kroger Enters Into $5B Accelerated Share Repurchase Program

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Dec 31, 2024  · U.S. grocery chain Kroger recently entered into Accelerated Share Repurchase (ASR) agreements with Wells Fargo Bank, National Association, and Citibank, N.A. to …

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Kroger's Strategic $5 Billion Buyback Plan: A Boost For Shareholders

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The Kroger Co. KR has made a significant move in returning value to its shareholders by entering into Accelerated Share Repurchase (“ASR”) agreements worth $5 billion. The agreements are …

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Kroger Unveils Massive $5B Share Buyback Program With Wells …

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Dec 19, 2024  · Kroger (NYSE: KR) has announced Accelerated Share Repurchase (ASR) agreements with Wells Fargo Bank and Citibank to repurchase $5.0 billion in common stock. …

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Kroger Announces Agreements For $5.0B Accelerated Share …

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CINCINNATI, Ohio, Dec. 19, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share Repurchase ("ASR") agreements with each of Wells …

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Kroger Announces New $7.5B Share Repurchase Program

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Dec 11, 2024  · The new repurchase authorization replaces Kroger’s existing $1B authorization which was approved in September 2022. Kroger intends to enter an accelerated share …

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Kroger Announces Agreement For $5B Accelerated Share …

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Dec 19, 2024  · Kroger (NYSE:KR) on Thursday said it has entered into accelerated share repurchase agreements (ASR) to repurchase, in aggregate, $5 billion in shares of common stock.

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Uber Announces $1.5 Billion Accelerated Share Repurchase Program

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2 days ago  · Uber Technologies, Inc. (NYSE: UBER) today announced that it has entered into an accelerated share repurchase (“ASR”) agreement with Bank of America, N.A. (the “dealer”) to …

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Kroger Launches $5 Billion Accelerated Share Repurchase Program …

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Dec 22, 2024  · In a bold move reflecting confidence in its financial health, The Kroger Co. (NYSE: KR) has announced a $5 billion Accelerated Share Repurchase (ASR) program. This strategic …

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Uber Announces $1.5 Billion Accelerated Share Repurchase Program

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1 day ago  · SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) today announced that it has entered into an accelerated share repurchase (“ASR”) agreement …

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FAQs about Kroger Announces Agreements for $5.0B Accelerated Share … Coupon?

Does Kroger have a $5 billion Accelerated share repurchase agreement?

The Kroger Co. KR has made a significant move in returning value to its shareholders by entering into Accelerated Share Repurchase (“ASR”) agreements worth $5 billion. The agreements are part of Kroger's broader $7.5 billion share repurchase authorization. ...

Does Kroger have a share repurchase authorization?

The ASR agreements will be completed under Kroger's recently announced $7.5 billion share repurchase authorization. Kroger is funding the share repurchases under the ASR agreements with existing cash on hand. ...

Does Kroger have a repurchase program?

Since announcing the merger, Kroger used its strong free cash flow and debt financing to build meaningful balance sheet capacity while maintaining its investment-grade rating. Kroger's Board of Directors approved a new share repurchase program authorizing the repurchase of up to $7.5 billion of common stock. ...

How will Kroger's ASR transactions be funded?

The ASR transactions will be funded using Kroger's existing cash on hand. The company will pay $5 billion to the dealers and, in return, receive about 65.6 million shares of its common stock as initial delivery. These shares are expected to be delivered on Dec. 20, 2024. ...

Will Kroger repurchase shares after a two-year pause?

With its strengthened balance sheet, Kroger will resume share repurchases after a more than two-year pause. Since announcing the merger, Kroger used its strong free cash flow and debt financing to build meaningful balance sheet capacity while maintaining its investment-grade rating. ...

How is Kroger maximizing shareholder returns?

This step underscores Kroger's commitment to maximizing shareholder returns while leveraging its strong financial position. The ASR transactions will be funded using Kroger's existing cash on hand. The company will pay $5 billion to the dealers and, in return, receive about 65.6 million shares of its common stock as initial delivery. ...

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