PHOENIX--Sprouts Farmers Market, Inc. (Nasdaq: SFM) has announced a new share repurchase program authorized by its Board of Directors, allowing for the repurchase of up to $1 billion worth of its common shares. This authorization, which was confirmed on August 13, 2025, replaces the previous authorization with approximately $143 million remaining. The repurchases will be conducted at the discretion of the company through various methods, including open market purchases and privately negotiated transactions. The program does not have an expiration date but will be periodically reviewed to ensure alignment with the company's capital allocation priorities and market conditions. Curtis Valentine, the company's chief financial officer, emphasized the Board's confidence in the company's strategy and the commitment to delivering long-term value for investors through this ongoing repurchase initiative.
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