Kroger board of directors approves $1 billion share repurchase authorization

Cincinnati, dec. 30, 2021 /prnewswire/ -- the kroger co.'s (nyse: kr) board of directors today authorized a new $1 billion share repurchase program, replacing the current authorization, which had approximately $157 million remaining as of december 29, 2021.  "we are customer obsessed and focused on leading with fresh and accelerating with digital, which is building momentum in our business and will drive kroger's long-term success," said rodney mcmullen, kroger's chairman and ceo.
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