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

2 days ago · Grocery retailer Kroger (KR) has announced a $7.5 billion stock buyback program following the termination of its $24.5 billion merger with Albertsons (ACI). This new …

CouponFollow Extension

$7
OFF

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

2 weeks from now

2 days ago · Grocery retailer Kroger (KR) has announced a $7.5 billion stock buyback program following the termination of its $24.5 billion merger with Albertsons (ACI). This new …

nasdaq.com

$5
OFF

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

2 weeks from now

3 days ago · 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 free …

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 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

2%
OFF

Kroger Stock Pops To Record High: Buyback Bonanza, …

2 weeks from now

3 days ago · KR Stock, Albertsons Stock Jump Shares of Kroger gained 3.2% in big volume in Thursday's stock market action , making a record high intraday. Kroger stock climbed out of …

investors.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

KR Stock Price | Kroger Co. Stock Quote (U.S.: NYSE) - MarketWatch

2 weeks from now

2 days ago · Kroger’s (KR) $7.5B Stock Buyback Plan Sparks Investor Optimism Dec. 12, 2024 at 1:19 a.m. ET on TipRanks.com Kroger (KR) Announces $7.5 Billion Stock Buyback After …

marketwatch.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

$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

$73.00
OFF

Jefferies Bullish On Kroger Stock: Merger Upside And Buybacks Fuel …

2 weeks from now

Dec 3, 2024 · On Tuesday, Jefferies analyst has upgraded the stock rating of Kroger Co . (NYSE: NYSE:KR) from Hold to Buy, with a new price target set at $73.00, up from the previous …

investing.com

$73
OFF

Kroger Upgraded To Buy From Hold At Jefferies - Nasdaq

2 weeks from now

Dec 3, 2024 · Jefferies analyst Rob Dickerson upgraded Kroger (KR) to Buy from Hold with a price target of $73, up from $54. BMO Capital downgraded the shares this morning. Jefferies …

nasdaq.com

$7
OFF

Wells Fargo Remains A Buy On Kroger Company (KR)

2 weeks from now

2 days ago · Kroger’s (KR) $7.5B Stock Buyback Plan Sparks Investor Optimism Kroger Ends Albertsons Merger, Focuses on Core Strategies Kroger CEO expects further investment in …

businessinsider.com

$7
OFF

Kroger Company (KR) Gets A Buy From Evercore ISI

2 weeks from now

2 days ago · Kroger’s (KR) $7.5B Stock Buyback Plan Sparks Investor Optimism Kroger Ends Albertsons Merger, Focuses on Core Strategies Kroger CEO expects further investment in …

businessinsider.com

$1
OFF

KR Buyback - Theonlineinvestor.com

2 weeks from now

Dec 30, 2021 · Buyback Details: The Kroger Co.'s (NYSE: KR) Board of Directors today authorized a new $1 billion share repurchase program, replacing the current authorization, …

theonlineinvestor.com

$63.00
OFF

Kroger (KR) Stock Forecast And Price Target 2024 - MarketBeat

2 weeks from now

3 days ago · The Kroger Co. has received multiple recent upgrades from analysts, with target prices being raised to as high as $63.00, indicating strong market confidence in the stock's …

marketbeat.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. ...

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. ...

Should you Buy Kroger Company (KR)?

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kroger Company with a $65.80 average price target, which is a 7.29% upside from current levels. In a report released today, Wells Fargo also maintained a Buy rating on the stock with a $73.00 price target. ...

What is Kroger's new strategy?

Kroger's new strategy is a balancing actrewarding shareholders with buybacks while fending off lawsuits from Albertsons over the merger fallout. Meanwhile, the grocer is sticking to its playbook, ramping up alternative revenue streams and fine-tuning its operations to deliver on its promise of an 8%-11% total shareholder return. ...

What is the price target for Kroger (KR)?

The highest price target for KR is $72.00, while the lowest price target for KR is $50.00. The average price target represents a forecasted upside of 0.30% from the current price of $60.09. Enter your email address to receive the latest news and analysts' ratings for Kroger and its competitors. Let me be blunt with you for just a second… ...