Stock Buybacks
By The Online Investor Staff, updated Mon., Jan. 24, 11:18 AM
| This Slide: #23 of 25 |
Slide #23. The Kroger Co.
Company:
The Kroger Co. (NYSE:KR)
$Amount Authorized:
$1,000,000,000
Buyback Details:
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.
Kroger operates as a retailer. Co. also manufactures and processes some of the food for sale in its supermarkets. Supermarkets are generally operated under one of the following formats: combination food and drug stores (combo stores); multi-department stores; marketplace stores; or price impact warehouses. The combo stores provide specialty departments including natural food and organic sections, pharmacies, general merchandise, pet centers and perishables such as seafood and organic produce. Marketplace provides grocery, pharmacy and health and beauty care departments as well as perishable offering and general merchandise area that includes apparel, home goods and toys.
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Avg. Broker Rec.
 
|
Hold (1.98 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: KR Stock Forecast Based on Zacks ABR data; powered by Xignite |
