Kroger launches $7.5B stock buyback

Kroger Stock Rises on Resumed Buybacks After Collapse of Albertsons Merger
Key Takeaways Kroger shares rose Thursday morning after the retailer said it is abandoning the Albertsons merger and restarting stock buybacks.The grocery chain said after the bell Wednesday that it will begin a new $7.
Kroger CEO moves on from Albertsons merger, launches $7.5B share buyback
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use in a megadeal.
Albertsons Sues Kroger After Judge Blocks $25 Billion Merger
A federal judge blocked the deal and sided with the Federal Trade Commission, which raised antitrust concerns over the merger.
Albertsons sues Kroger, breaks off proposed merger
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be merger partner.
Kroger CEO responds to Albertsons merger, launches $7.5B share buyback
Just hours after Albertsons terminated the agreement calling for Kroger Co. to buy the company, Kroger also terminated the deal while launching plans to repurchase of billions of dollars in stock. STORY HIGHLIGHTS From the Cincinnati Business Courier.
Kroger announces new $7.5B share repurchase program
Now that Kroger (KR) has terminated the merger agreement, the company is ready to deploy its capacity. With its strengthened balance sheet,
Kroger launches $7.5B stock buyback after merger with Albertsons gets terminated
Kroger (NYSE:KR) on Wednesday announced a $7.5B stock buyback in the wake of its terminated merger with Albertsons (NYSE:ACI). The new buyback plan replaces the company's existing $1 billion authorization,
Star Market parent Albertsons sues Kroger, breaks off proposed merger
The lawsuit filed Wednesday comes a day after a federal judge in Oregon and a state court judge in Washington blocked the ...
Albertsons suing Kroger 'for billions,' cancels merger after court rulings
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday ...
Santa Rosa Press Democrat3h
Albertsons sues Kroger for failing to win approval of their proposed supermarket merger
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts, and it is suing the grocery ...
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain ...
adexchanger15h
The Kroger-Albertsons Merger Is No More; Say Hello To CNBC+
Antitrust regulation has counterintuitively favored the biggest ad industry players. Of course, the grocery chain giants ...
The Kroger-Albertsons Deal Is Off. Courthouse Drama Could Be Next
A day after a federal judge blocked the long-planned grocery merger between Kroger and Albertsons, both companies were ...
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
By DEE-ANN DURBIN Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do ...
Albuquerque Journal13h
Busted Kroger-Albertsons merger means no Piggly Wiggly stores for New Mexico — at least for now
C&S Wholesale Grocers would have acquired nine Albertsons stores in New Mexico if the $25 billion Kroger and Albertsons ...