Albertsons Companies, Inc. Announces Accelerated Share Repurchase Agreement

Albertsons Companies, Inc., a leading American grocery store company, has entered into an accelerated share repurchase agreement (ASR Agreement) with JPMorgan Chase Bank, National Association to repurchase $750 million worth of its common stock as part of its previously announced share repurchase program. The agreement, filed with the U.S. Securities and Exchange Commission on October 15, 2025, involves the payment of $750 million to JPMorgan Chase Bank, which will receive approximately 80% of the initial shares underlying the ASR Agreement. The total number of shares to be repurchased will be based on the volume-weighted average price of Albertsons' common stock during the term of the ASR Agreement and will be completed no later than the first quarter of 2026.

Key Takeaways:

• Albertsons Companies, Inc. has entered into an accelerated share repurchase agreement (ASR Agreement) with JPMorgan Chase Bank, National Association to repurchase $750 million worth of its common stock as part of its previously announced share repurchase program.
• The ASR Agreement requires the payment of $750 million to JPMorgan Chase Bank, which will receive approximately 80% of the initial shares underlying the ASR Agreement.
• The total number of shares to be repurchased will be based on the volume-weighted average price of Albertsons' common stock during the term of the ASR Agreement, less a discount, and subject to customary adjustments under the terms and conditions of the ASR Agreement.
• The transactions under the ASR Agreement are expected to be completed no later than the first quarter of 2026.
• The ASR Agreement contains terms including the share calculation mechanism, delivery timing, circumstances under which JPMorgan Chase Bank is permitted to make adjustments to valuation and calculation periods, mutual representations and warranties, and early termination conditions.
• Albertsons' Board of Directors authorized an increase in the total share repurchase program to $2.75 billion, inclusive of the ASR Agreement.

Statistics:

• $750 million: the amount to be repurchased under the ASR Agreement.
• 80%: the percentage of initial shares to be received by JPMorgan Chase Bank under the ASR Agreement.
• $2.75 billion: the total amount of the share repurchase program, including the ASR Agreement.
• Q1 2026: the estimated time frame for the completion of the ASR Agreement.

Sources:

• UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 14, 2025