These Analysts Boost Their Forecasts On Kroger

Kroger Company KR disclosed the termination of its merger agreement with Albertsons Companies, Inc. ACI following a preliminary injunction by the U.S. District Court in Oregon.Kroger's Board approved a new $7.5 billion share repurchase program, replacing the previous $1 billion authorization from September 2022.The company plans to execute an accelerated share repurchase (ASR) agreement for about $5 billion of common stock. Kroger anticipates strong free cash flow and remains focused on capital allocation p ...