Why Sprouts Farmers Market is Buying $1 Billion of Its Own Stock

Sprouts Farmers Market TodaySFMSprouts Farmers Market$145.31 -0.97 (-0.66%) 52-Week Range$96.05▼$182.00P/E Ratio29.90Price Target$173.73Add to WatchlistShare buybacks are one of the most direct ways a company’s management can express its optimism for the underlying business and its future potential. They are also the most tax-efficient way of doing so, since this money isn’t paid out to investors through dividends, creating a double-taxation event. It retains the capital within the company to fuel further ...