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2021-12-30

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Kroger stock rises after new $1 billion stock buyback program authorized

Shares of Kroger Co. rose 1.1% in premarket trading Thursday, putting them on track for a fourth-str

Kroger stock rises after new $1 billion stock buyback program authorized

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKroger stock rises after new $1 billion stock buyback program authorized\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-30 21:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of Kroger Co. rose 1.1% in premarket trading Thursday, putting them on track for a fourth-straight gain, after the supermarket operator announced a new $1 billions stock repurchase program. </p><p><img src=\"https://static.tigerbbs.com/a6ad85a70801bddd1d5528058af60eef\" tg-width=\"841\" tg-height=\"618\" width=\"100%\" height=\"auto\"/></p><p>The company said the new program replaces the current program, which had about $157 million remaining.The new program represents roughly 3% of Kroger&#39;s market capitalization of about $32.87 billion as of Wednesday&#39;s stock closing price.</p><p> &#34;Kroger&#39;s share repurchase authorization reflects our board of directors&#39; 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Kroger stock rises after new $1 billion stock buyback program authorized

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