What is Kroger's new share repurchase program amount?

Kroger has authorized an additional $2 billion share repurchase program, with approximately $2.9 billion available for buybacks.

Why is Kroger's stock considered a value play for 2026?

Kroger's stock is seen as a value play due to its new $2.9 billion share buyback program, signaling management's belief in undervaluation and aiming to create a stock price floor.

How do Kroger's share buybacks benefit investors?

Kroger's share buybacks create consistent demand, potentially acting as a price floor, and enhance shareholder value through EPS accretion.

Home / Business and Economy / Kroger's $2.9B Buyback: Value Play Ahead?

Kroger's $2.9B Buyback: Value Play Ahead?

2 Jan

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Summary

Kroger authorized an additional $2 billion share repurchase program.
The grocery giant has about $2.9 billion for stock buybacks.
Share buybacks can create a floor for stock prices and increase EPS.

Kroger's $2.9B Buyback: Value Play Ahead?

As the economic forecast for 2026 remains uncertain, investors are shifting towards sectors known for consistent cash generation, with retail groceries attracting renewed interest. Kroger Co. is now at the forefront of this rotation, moving past the terminated Albertsons merger.

On December 23, 2025, Kroger's board approved an additional $2 billion share repurchase program. Combined with remaining funds, this brings the total allocated for buying back company stock to approximately $2.9 billion. This significant capital allocation suggests management's confidence in the stock's current undervaluation.

This substantial buyback initiative serves two key purposes for investors: it acts as a price floor by creating consistent demand, and it enhances shareholder value through Earnings Per Share (EPS) accretion. This strategic move transforms Kroger from a speculative play into a fundamental value investment for cautious investors heading into the new year.