SpartanNash (SPTN) Announces New $50M Share Buyback Plan

SpartanNash Company (the “Company”) (Nasdaq: SPTN) today announced that its Board of Directors has authorized the repurchase of up to $50 million of the Company’s common stock from time to time on the open market or in privately negotiated transactions.

The new program will supplement the Company’s previous $50 million repurchase program. The new program will expire on November 15, 2022.

The timing and the amount of any repurchases of common stock will be determined by SpartanNash based on its evaluation of market conditions and other factors. Repurchases of common stock may also be made under a Rule 10b5-1 plan, which would permit common stock to be repurchased when the Company might otherwise be precluded from doing so under insider trading laws. The repurchase program may be suspended or discontinued at any time.

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