Kroger Co. said Thursday its board of directors has approved a $1 billion share repurchase program, replacing the existing buyback program that has about $2 million remaining. In addition, Kroger’s board approved a quarterly dividend of 16.5 cents per share, to be paid June 1. CONNECT WITH SN ON TWITTER Follow @SN_News for updates throughout the day. Kroger said it has spent more than $928 million of its free cash flow on buybacks and dividends in the last four quarters. Since ...

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