7/21/2019 Dividends and Share Repurchases - Kroger

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Kroger (KR) Approves 13.5% Dividend Hike, Two-for-One Spi!, "ew #5$$ &o''on S!ok *+k n

June 25, 2015 11:33 AM EDT

Kroger (NYSE: KR) announced tat !t" #oard o$ D!rector" a%%ro&ed a 13'5 %ercent !ncrea"eto te co%an*" +uarter d!&!dend, a t-o.$or.one "%!t o$ !t" coon "are", and a ne-/500 !!on "are re%urca"e %rogra'

Toda*" act!on" re$ect our #oard o$ D!rector"* con$!dence !n Kroger*" ong.ter%er$orance and a!!t to de!&er gro-t con"!"tent to our !n&e"tor", "a!d RodneMcMuen, Kroger*" ca!ran and E' Te "toc4 "%!t -! !ncrea"e te acce""!!!t o$ our "are" and !+u!d!t !n te trad!ng o$ our "are"' e are e"%ec!a e6c!ted tat te "toc4

"%!t -! a4e Kroger*" coon "are" ore acce""!e to a o$ our a""oc!ate"'

13.5% Quarterly Dividend Increase

Kroger*" #oard ra!"ed te +uarter d!&!dend to 21 cent" %er "are on a %re."%!t a"!"'#ecau"e te d!&!dend -! e %a!d a$ter te "toc4 "%!t !" e$$ect!&e, "areoder" o$ record a"o$ te co"e o$ u"!ne"" on Augu"t 17, 2015 -! e %a!d 10'5 cent" %er "%!t.ad8u"ted "areon Se%teer 1, 2015'

Kroger a" de!&ered doue.d!g!t co%ound gro-t !n !t" d!&!dend "!nce !t -a" re!n"tated !n2009' Te co%an cont!nue" to e6%ect an !ncrea"!ng d!&!dend o&er t!e'

2-for-1 Stock Split

Kroger*" #oard a%%ro&ed a t-o.$or.one "%!t o$ !t" coon "are"' n or aout Ju 13,2015, eac "areoder o$ record a" o$ te co"e o$ u"!ne"" on Ju 9, 2015 -! rece!&e ad!&!dend o$ one coon "are $or eac coon "are ed' #a"ed on te net nuer o$

coon "are" out"tand!ng a" o$ Ma 23, 2015, te "toc4 "%!t -! !ncrea"e te net nuer o$ coon "are" out"tand!ng $ro a%%ro6!ate 71 !!on to ;92 !!on'

T!" !" te $!$t "toc4 "%!t !n Kroger*" !"tor' Te "toc4 "%!t %re&!ou" !n 1;<;, 1;9, 1;;<and 1;;;'

7/21/2019 Dividends and Share Repurchases - Kroger

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$500 illion S!are "epurc!ase #rora

Kroger*" #oard a%%ro&ed a /500 !!on "are re%urca"e %rogra, re%ac!ng te %r!orautor!=at!on, -!c a" een e6au"ted'

Kroger*" "trong $!nanc!a %o"!t!on a" ao-ed te co%an to return a%%ro6!ate /11'<!!on to "areoder" troug "are re%urca"e" "!nce Januar 2000, "a!d Mr' McMuen'e rea!n co!tted to de!&er!ng &aue to "areoder"' >n $act, o&er te a"t $our+uarter", te co%an a" returned ore tan /1'1 !!on to "areoder" troug "areuac4" and d!&!dend" co!ned'

>t !" not e6%ected tat an %urca"e" -! e ade under t!" ne- #oard.autor!=ed %an $or te rea!nder o$ $!"ca 2015' Actua %urca"e" -! de%end on ar4et cond!t!on"'

Source:http://www.streetinsider.com/Corporate+News/Kroger+(KR)+Approves+13.5%5+!ividend+

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