Sprouts Farmers (SFM) Unveils $600M Share Repurchase Plan
Sprouts Farmers Market(SFM) zacks.com·2024-05-24 23:31
Sprouts Farmers Market, Inc. (SFM) has taken a significant step in reinforcing its commitment to enhancing shareholder value. Recently, the company’s board of directors authorized a new $600-million share repurchase program, signaling a robust financial strategy aimed at optimizing shareholder returns.Let’s Delve DeeperThe new share repurchase program supersedes the previous initiative, which had about $120 million left. This move highlights Sprouts Farmers Market's proactive approach to managing its capita ...