Supervalu to buy back $70 mln shares

By Reuters
Posted June 24, 2010 at 4:51 p.m.

Supermarket operator Supervalu Inc. said on Thursday it will buy back up to $70 million of its common shares through June 30, 2011.

The operator of Albertsons, Jewel-Osco and Shaw’s stores also declared a regular quarterly dividend of $0.0875 a share.

The dividend will be paid on Sept. 15 to stockholders of record on Sept. 1.

Read more about the topics in this post: , , , , ,

Companies in this article


Read more about this company »

Comments are closed.