Kroger (KR) Announces $5B Accelerated Share Buyback

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Kroger Announces Agreements for $5.0B Accelerated Share Repurchase Program

December 19, 2024 5:09 PM EST

CINCINNATI, Ohio, Dec. 19, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share Repurchase ("ASR") agreements with each of Wells Fargo Bank, National Association and Citibank, N.A. (the "Dealers") to repurchase, in aggregate, $5.0 billion in shares of Kroger common stock. The ASR agreements will be completed under... More