Whole Foods Market Buyback
OLI recorded this information on 11/4/2015
Company: |
Whole Foods Market |
Buyback: |
WFM buyback |
$Amount Authorized: |
$1,000,000,000 |
Buyback Details: |
Whole Foods Market (NASDAQ:WFM) today announced a new capital allocation strategy that reflects confidence in the Company's future growth and cash flow generation, while expanding its commitment to return capital to shareholders. As part of this strategy, the Company's Board of Directors has authorized a new $1 billion share repurchase program, bringing the Company's total share repurchase authorization to $1.3 billion. In addition, the Board declared a 4% increase in the quarterly dividend to $0.135 per share from $0.13 per share, the Company's fifth consecutive dividend increase since reinstating the dividend in 2011. The next dividend is payable on January 26, 2016 to shareholders of record as of January 15, 2016. Since 2011, the Company has returned approximately $2.4 billion to shareholders through dividends and share repurchases. |
Whole Foods Market is a natural and organic foods supermarket. Co. has one operating segment: natural and organic foods supermarkets. As of Sept 25 2016, Co. operated 456 stores: 436 stores in 42 U.S. states and the District of Columbia; 11 stores in Canada; and nine stores in the U.K. Co. provides more than 30,000 organic SKUs company-wide, covering all areas of Co.'s store including produce, packaged goods, bulk, frozen, dairy, meat, bakery, prepared foods, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, pet foods, and household goods.
Open the WFM Page at The Online Investor »
Open the WFM Page at The Online Investor (in a new window) »