Albertsons Companies Announces $750 Million Accelerated Share Repurchase Transaction

"Davis Polk advised Albertsons Companies, Inc. on a $750 million accelerated share repurchase transaction, where the company will initially receive about 35.4 million shares. The final number of shares repurchased will depend on the average share prices during the transaction period, with completion expected in the first quarter of 2026. Albertsons is a major food and drug retailer in the U.S., operating under various well-known brands."

Davis Polk advised Albertsons Companies, Inc. in an accelerated share repurchase transaction involving the repurchase of $750 million of its Class A common stock. In this transaction, Albertsons will initially receive approximately 35.4 million shares from the dealer. The total number of shares repurchased will be determined based on the average daily volume-weighted average share prices of Albertsons’ Class A common stock during the transaction period, with adjustments and a discount applied. The final settlement is anticipated to be completed in the first quarter of 2026. The Davis Polk equity derivatives team included partner Mark M. Mendez and counsel M. Faisal Baloch, both of whom are based in the New York office.

Albertsons Companies Announces $750 Million Accelerated Share Repurchase Transaction

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