Sprouts Farmers Market, Inc. announced that its Board of Directors authorized a new share repurchase program of $1 billion of its common shares on August 13, 2025. This new authorization replaces the previous program, which had approximately $143 million remaining.
The share repurchase program reflects the company's robust cash flow generation and the Board's confidence in its strategy and business potential. Shares may be purchased on a discretionary basis through open market purchases, privately negotiated transactions, or other means.
CFO Curtis Valentine stated that the program is committed to delivering long-term value for investors by prioritizing investments that foster business growth while returning excess free cash flow to shareholders. The authorization does not have an expiration date but will be periodically reviewed.
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