Sprouts Farmers Market, Inc. (SFM) Thursday announced that its Board has authorized a new share repurchase program of $600 million of its common shares, which replaces its current authorization with nearly $120 million remaining.
The shares may be purchased on a discretionary basis from time to time, through open market purchases. This share repurchase program may be commenced, suspended or discontinued at any time and expires on May 22, 2027.
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