Kroger’s (KR) $7.5B Stock Buyback Plan Sparks Investor Optimism

2 days ago · This move reflects Kroger’s stable financial position and focus on delivering value to shareholders.Kroger to Redeem $4.7 Billion in Senior NotesIn addition to the stock buyback, Kroger said ...

CouponFollow Extension

$7
OFF

Kroger’s (KR) $7.5B Stock Buyback Plan Sparks Investor Optimism

2 weeks from now

nasdaq.com

$7
OFF

Kroger's $7.5 Billion Buyback Blitz: Eyes Lower Grocery ... - Benzinga

2 weeks from now

1 day ago · The company plans to execute an accelerated share repurchase (ASR) agreement for about $5 billion of common stock. Kroger anticipates strong free cash flow and remains …

benzinga.com

$7
OFF

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

2 weeks from now

3 days ago · 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 authorization …

kroger.com

$7
OFF

Kroger's $7.5B Buyback Gamble: What Investors Need To Know …

2 weeks from now

13 hours ago · Kroger (NYSE:KR) just hit the market with a $7.5 billion bombshell, announcing a massive stock buyback program after officially pulling the plug on its $24.6 billion Albertsons …

yahoo.com

$7
OFF

Kroger Plans $7.5 Billion Stock Buyback, Will Redeem Debt …

2 weeks from now

2 days ago · -- Kroger late Wednesday said it has authorized a new $7.5 billion stock buyback, which includes an accelerated share repurchase program for around $5 billion of its shares. ...

marketscreener.com

$7
OFF

Kroger Reiterates Its Commitment To Lower Prices And

2 weeks from now

3 days ago · 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 authorization …

morningstar.com

$7
OFF

Kroger Reiterates Its Commitment To Lower Prices And Initiates …

2 weeks from now

2 days ago · 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 authorization …

prnewswire.com

$1
OFF

Kroger Stock Pops To Record High: Buyback Bonanza, …

2 weeks from now

3 days ago · 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 share …

investors.com

$7
OFF

Kroger Reiterates Its Commitment To Lower Prices And Initiates …

2 weeks from now

2 days ago · 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 authorization …

quantisnow.com

$7
OFF

Kroger Launches $7.5B Stock Buyback After Merger With Albertsons …

2 weeks from now

2 days ago · Kroger (NYSE:KR) on Wednesday announced a $7.5B stock buyback in the wake of its terminated merger with Albertsons (NYSE:ACI). The new buyback plan replaces the …

seekingalpha.com

$7
OFF

Local Unions Call On Kroger's Board To Replace CEO After $7.5 …

2 weeks from now

13 hours ago · Kroger Plans $7.5 Billion Stock Buyback, Will Redeem Debt Designated for Failed Albertson's Buyout Dec. 11: MT The Kroger Co. (NYSE:KR) announces an Equity Buyback for …

marketscreener.com

$7
OFF

Kroger : Reiterates Its Commitment To Lower Prices And Initiates …

2 weeks from now

2 days ago · Kroger Plans $7.5 Billion Stock Buyback, Will Redeem Debt Designated for Failed Albertson's Buyout MT 11:12pm: Nasdaq Closes Above 20,000 for First Time, Dow Falls After …

marketscreener.com

$7
OFF

Kroger (KR) Announces $7.5 Billion Stock Buyback After Terminati

2 weeks from now

Kroger (KR, Financial) has announced a $7.5 billion stock buyback following the termination of its merger with Albertsons (ACI).This new buyback plan replaces the existing $1 billion …

gurufocus.com

$7
OFF

Kroger Unveils Massive $7.5B Buyback After Albertsons Merger …

2 weeks from now

2 days ago · Kroger (NYSE: KR) has terminated its merger agreement with Albertsons following a U.S. District Court's preliminary injunction. In response, the company announced a new $7.5 …

stocktitan.net

$7
OFF

Kroger's $7.5B Buyback Gamble: What Investors Need To Know After

2 weeks from now

Kroger (KR, Financial) just hit the market with a $7.5 billion bombshell, announcing a massive stock buyback program after officially pulling the plug on its $24.6 billion Albertsons …

gurufocus.com

$7
OFF

The Kroger Co. (NYSE: KR) Announces An Equity Buyback For …

2 weeks from now

2 days ago · Kroger Plans $7.5 Billion Stock Buyback, Will Redeem Debt Designated for Failed Albertson's Buyout Dec. 11: MT The Kroger Co. (NYSE:KR) announces an Equity Buyback for …

marketscreener.com

FAQs about Kroger’s (KR) $7.5B Stock Buyback Plan Sparks Investor Optimism Coupon?

Does Kroger have a buyback plan?

Kroger (NYSE:KR) on Wednesday announced a $7.5B stock buyback in the wake of its terminated merger with Albertsons (NYSE:ACI). The new buyback plan replaces the company's existing $1B authorization, which was approved in September 2022, and includes an "accelerated share repurchase" agreement to buy backabout $5B in stock. ...

Why did Kroger announce a $7.5 billion buyback program?

Kroger (NYSE:KR) just hit the market with a $7.5 billion bombshell, announcing a massive stock buyback program after officially pulling the plug on its $24.6 billion Albertsons merger. The failed deal, blocked by U.S. courts over antitrust concerns, ends a two-year saga that could've reshaped the grocery business. ...

How much will Kroger repurchase after a two-year pause?

Kroger said it would repurchase $7.5 billion of its shares after a more than two-year pause, with $5 billion of that to be repurchased in an accelerated fashion — the same sum that Kroger estimated Wednesday it has spent to lowering prices over the past 21 years. ...

Why did Kroger buy back $150 billion in 2023?

CEO Rodney McMullen framed the buyback as a strategic move to drive shareholder value, citing Kroger's $150 billion in 2023 sales and its dominant omnichannel model as reasons for optimism. The company says it's still investing heavily in wages, digital expansion, and store upgrades, even as it shifts focus to boosting returns. ...

Does Kroger have a 'commitment to lower prices'?

Kroger on Wednesday reiterated its “commitment to lower prices,” saying it has invested billions in cost reductions over the past two decades. The chain also said it has spent $2.4 billion on pay hikes since 2018 and up to $3.8 billion in annual store improvements. ...

Why did Kroger and Albertsons repurchase shares?

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors. America’s two largest grocery store operators had argued that they’d be better able to lower prices for shoppers by joining forces. ...