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Sprouts Farmers Market Board Approves $1B Share Repurchase, Replacing Remaining $143M Authorization

Author: Benzinga Newsdesk | August 19, 2025 08:58am

Sprouts Farmers Market, Inc. (NASDAQ:SFM) announced today that its Board of Directors authorized a new share repurchase program of $1 billion of its common shares on August 13, 2025, which replaces its current authorization with approximately $143 million remaining. The shares may be purchased on a discretionary basis from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans. This share repurchase program may be commenced, suspended or discontinued at any time and does not have an expiration date; however, the Board expects to periodically review the authorization to assess its continued appropriateness in light of the Company's capital allocation priorities, market conditions, alternative investment opportunities, and other factors.


 

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