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 and Citibank, N.A. (the "Dealers") to repurchase, in aggregate, $5.0 billion in shares of Kroger …


Install CouponFollow Chrome Extension   CouponFollow Extension

$5
OFF

Kroger Announces Agreements For $5.0B Accelerated Share …

3 weeks from now

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 and Citibank, N.A. (the "Dealers") to repurchase, in aggregate, $5.0 billion in shares of Kroger …

kroger.com

$5
OFF

Kroger Launches $5 Billion Accelerated Share Repurchase: Details

3 weeks from now

Dec 20, 2024  · Kroger announces a $5 billion Accelerated Share Repurchase, part of a larger $7.5 billion buyback authorization. Kroger to receive an initial delivery of approximately 65.6 …

benzinga.com

$5
OFF

Kroger Announces Agreements For $5.0B Accelerated Share …

3 weeks from now

Dec 19, 2024  · Under the ASR agreements, Kroger will pay $5.0 billion to the Dealers and expects to receive an initial delivery of approximately 65.6 million shares of Kroger common …

yahoo.com

$5
OFF

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

3 weeks from now

Dec 11, 2024  · Kroger intends to enter an accelerated share repurchase ("ASR") agreement for the repurchase of approximately $5 billion of common stock. "Our strong balance sheet and …

kroger.com

$5
OFF

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

3 weeks from now

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 …

yahoo.com

14%
OFF

Kroger Announces Agreement For $5B Accelerated Share …

3 weeks from now

In addition to the ASR program, Kroger has $2.5 billion of capacity remaining under its share repurchase authorization for incremental share repurchases over time. KR +1.14% after hours …

msn.com

$5
OFF

Kroger Announces $5.0 Bln Accelerated Share Repurchase …

3 weeks from now

Dec 20, 2024  · As per the ASR agreements, Kroger will pay $5.0 billion to the Dealers and expects to receive an initial delivery of approximately 65.6 million shares of Kroger common …

businessinsider.com

$5
OFF

Kroger Announces Agreements For $5.0B Accelerated Share …

3 weeks from now

Dec 19, 2024  · Under the ASR agreements, Kroger will pay $5.0 billion to the Dealers and expects to receive an initial delivery of approximately 65.6 million shares of Kroger common …

ft.com

$5
OFF

Kroger Launches $5 Billion Accelerated Share Repurchase Program …

3 weeks from now

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 …

internationalsupermarketnews.com

$5
OFF

Kroger Announces Agreement For $5B Accelerated Share …

3 weeks from now

Dec 19, 2024  · In addition to the ASR program, Kroger has $2.5 billion of capacity remaining under its share repurchase authorization for incremental share repurchases over time. KR …

seekingalpha.com

$5
OFF

Kroger Launches $5 Billion Accelerated Share Repurchase: Details

3 weeks from now

Dec 20, 2024  · This buyback is part of Kroger’s broader $7.5 billion share repurchase authorization. Related: Kroger’s $7.5 Billion Buyback Blitz: Eyes Lower Grocery Prices And …

sahmcapital.com

$5
OFF

Kroger Announces $5.0 Bln Accelerated Share Repurchase …

3 weeks from now

Dec 20, 2024  · Kroger Co. announced that it reached Accelerated Share Repurchase agreements with each of Wells Fargo Bank, National Association and Citibank, N.A. to repurchase, in …

rttnews.com

$5
OFF

Kroger Enters $5 Billion Accelerated Share Repurchase Agreements

3 weeks from now

Dec 19, 2024  · -- Kroger said late Thursday that it agreed to $5 billion accelerated share repurchase deals with Wells Fargo Bank, National Association, and Citibank. ... Kroger Union …

marketscreener.com

$5
OFF

Kroger Announces Agreements For $5.0B Accelerated Share …

3 weeks from now

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. …

stocktitan.net

$5
OFF

Kroger Announces $5 Billion Accelerated Share Repurchase Program

3 weeks from now

The Kroger Co (KR, Financial) has announced the initiation of Accelerated Share Repurchase (ASR) agreements with Wells Fargo Bank and Citibank to buy back $5 billion worth of its …

gurufocus.com

$5
OFF

Kroger Enters Into $5B Accelerated Share Repurchase Program

3 weeks from now

Dec 31, 2024  · The ASR agreements will be completed under the company’s $7.5 billion share repurchase authorization, which it announced on December 11. The deal will be funded by …

seafoodnews.com

$5
OFF

Kroger $5 Billion Accelerated Share Repurchase | Davis Polk

3 weeks from now

Davis Polk advised the dealers in connection with accelerated share repurchase transactions entered into with The Kroger Co., pursuant to which Kroger is repurchasing an aggregate of $5 …

davispolk.com

$5
OFF

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

3 weeks from now

Dec 20, 2024  · The Kroger Co. (KR Quick Quote KR - Free Report) has made a significant move in returning value to its shareholders by entering into Accelerated Share Repurchase (“ASR”) …

zacks.com

$5
OFF

Kroger's Bold $5 Billion Share Buyback Initiative Unveiled

3 weeks from now

Dec 20, 2024  · Kroger has entered into agreements with both Wells Fargo Bank and Citibank for this accelerated share repurchase. Under these terms, the company plans to buy back a total …

investorshangout.com

$1
OFF

Kroger Pops To Record High: Buyback Bonanza After Megamerger …

3 weeks from now

Dec 12, 2024  · The new buyback plan replaces Kroger's existing $1 billion authorization, which was approved in September 2022, a news release said. It includes $5 billion in accelerated …

investors.com

80%
OFF

Kroger's 2025 Outlook: A Smart Buy Post-Albertsons Bid

3 weeks from now

Dec 31, 2024  · The company’s buybacks are noteworthy. They are set at $7.5 billion, with $5 billion in an accelerated program already 80% completed. The net is worth about 16.6% of the …

marketbeat.com

$1
OFF

Uber Announces $1.5 Billion Accelerated Share Repurchase Program

3 weeks from now

1 day 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 …

uber.com

$1
OFF

Uber Announces $1.5 Billion Accelerated Share Repurchase Program

3 weeks from now

22 hours ago  · Under the ASR agreement, on January 6, 2025, Uber will pay $1.5 billion to the dealer and expects to receive an initial delivery of 18,578,727 shares of Uber common stock, …

businesswire.com

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. ...

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. ...

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. ...

Did Kroger repurchase shares in 2021?

Kroger repurchased $1.6 billion of its own shares in 2021, under its board authorizations. Kroger also increased the dividend by 17 percent from 72¢ to 84¢, marking the 15th consecutive year of dividend increases, resulting in a payout of $589 million. 2022 Guidance Comments from CFO Gary Millerchip. ...

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. ...

Install CouponFollow Extension on Chrome

Install the CouponFollow extension to search for discount codes when shopping the fastest!

Install CouponFollow Chrome Extension   Install CouponFollow Chrome Extension