Jun
26
Kroger Announces New $1 Billion Stock Repurchase Program
Posted by Administrator under Kroger
The Kroger Co. (NYSE: KR - News) expanded its stock repurchase program from $500 million to $1 billion.
Kroger is one of the nation’s largest retail grocery chains operating 2,458 supermarkets and multi-department stores in 31 states under two dozen local banners.
###
PAYOUT YIELD ANALYSIS
With 707 million shares outstanding, the $1 billion repurchase will yield $1.41 per […]
