Sprouts Farmers Market approves new $600M share repurchase authorization

Sprouts Farmers Market, Inc.

Board authorized $600M share repurchase program on March 2, 2022, replacing prior authorization with less than $100M remaining.
Shares may be bought through open market, privately negotiated transactions, or Rule 10b5-1 plans.
Program expires on December 31, 2024; may be suspended or discontinued at any time.
CFO Chip Molloy cited robust cash flow and board confidence in company strategy.

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