Grocery group The Kroger Company has authorised the repurchase of US$500 million of Kroger common stock.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The timing of the repurchases will vary according to market conditions. This repurchase programme replaces the $500m stock buyback announced in September 2004, which had approximately $7.5m remaining at close of business Thursday (4 May).


The company reiterated its commitment to Kroger’s long-term financial strategy of using payment of a cash dividend.one-third of free cash flow for debt reduction and two-thirds for share repurchase and the “The new share repurchase programme reflects our confidence in the company’s strategic plan and our belief that Kroger shares represent an attractive investment opportunity,” said David B. Dillon, Kroger chairman and chief executive officer.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now