Kroger reiterates its commitment to lower prices and initiates new $7.5b share buyback program

Reiterates commitment to investing in america to lower grocery prices, raise associate wages, and support local communities highlights resilience of value creation model and strong momentum to drive long-term, sustainable growth board of directors authorizes $7.5b share repurchase program including $5b accelerated share repurchase cincinnati , dec. 11, 2024 /prnewswire/ -- the kroger co. (nyse: kr) today terminated its merger agreement with albertsons after the u.s. district court for the district of oregon granted the federal trade commission's request for a preliminary injunction to block the proposed merger. after reviewing options, the company determined it is no longer in its best interests to pursue the merger.
KR Ratings Summary
KR Quant Ranking