Sprouts Farmers Market announces $600M share repurchase authorization, replacing prior program with $120M remaining

Sprouts Farmers Market, Inc.

Board authorized $600M share repurchase program on May 22, 2024, expiring May 22, 2027.
Program replaces prior authorization with approximately $120 million remaining.
Repurchases may occur via open market, privately negotiated transactions, or Rule 10b5-1 plans.
CFO Curtis Valentine said program reflects strong cash flow and confidence in company strategy.
Annual meeting results: all Class II directors elected, say-on-pay approved, PwC ratified as auditor.

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