Tranche Update on Albertsons Companies, Inc.'s Equity Buyback Plan announced on October 20, 2020.
January 12, 2021 at 07:34 am
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From October 14, 2020 to December 5, 2020, the company has repurchased 6,797,962 shares, representing 1.42% for $102.7 million. With this, the company has completed the repurchase of 6,797,962 shares, representing 1.42% for $102.7 million under the buyback announced on October 20, 2020.
Albertsons Companies, Inc. is a food and drug retailer in the United States. The Company is engaged in the operation of food and drug retail stores that offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel and other items and services in its stores or through digital channels. The Company operates approximately 2,269 stores across 34 states and the District of Columbia under 20 banners including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and others. The Company operates approximately 1,725 pharmacies, 1,336 in-store branded coffee shops, 402 adjacent fuel centers, 22 dedicated distribution centers, 19 manufacturing facilities and various digital platforms. Its own brands include Signature SELECT, Open Nature, Signature Cafe, Lucerne, Waterfront BISTRO, Primo Taglio, Signature Care, Signature Reserve and Value Corner.