Sprouts Farmers Market announced that its board of directors authorized a new share repurchase program of $600M of its common shares on May 22, which replaces our current authorization with nearly $120M 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 expires on May 22, 2027.
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