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Stock Market & Financial Investment News

News Breaks
June 26, 2014
10:31 EDTKRKroger approves $500M share repurchase program
The Kroger Co.'s board approved a $500M share repurchase program, replacing the prior authorization which has been exhausted. During Q1, Kroger repurchased 25.7M common shares for a total investment of $1.1B. "With the company's commitment to achieve a 2.00 2.20 net debt to EBITDA ratio by mid-to-late 2015, it is not expected that any material purchases will be made during the remainder of the year," the company said.
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