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Kroger Announces New $1 Billion Stock Repurchase Program

The Kroger Co. (NYSE: KR) 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 [...]

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