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News  ›  Investing.com

These 3 Consumer Stocks Just Authorized Big-Time Buyback Programs

Investing.com Logo Investing.com By Leo Miller
These 3 Consumer Stocks Just Authorized Big-Time Buyback Programs

Kroger, Lululemon, and Etsy have announced significant share repurchase authorizations totaling billions of dollars, with buyback capacity equal to 5% or more of their market capitalizations. Kroger added $2 billion to its buyback program with a 14.4% LTM buyback yield, Lululemon approved $1 billion amid CEO transition and weak growth forecasts, and Etsy announced $750 million in buybacks to restore investor confidence after recent earnings disappointment and leadership changes.

Insights
KR   positive

Strong buyback execution with $2.9 billion total capacity (7.2% of market cap), aggressive LTM buyback yield of 14.4%, solid dividend yield of 2.2%, and demonstrated confidence in operations.