Albertsons Companies Announces Common Stock Dividend
January 11 2022 - 7:25AM
Business Wire
Albertsons Companies, Inc. (NYSE: ACI) (the “Company”) today
announced its Board of Directors has declared a cash dividend of
$0.12 per share of common stock for the fourth quarter of fiscal
2021. The cash dividend is payable on February 10, 2022, to
stockholders of record as of the close of business on January 26,
2022.
The Company’s comprehensive capital allocation strategy
leverages strong and consistent levels of free cash flow to drive
profitable growth, maintain a strong balance sheet and create value
for stockholders, including through the payment of dividends.
About Albertsons Companies
Albertsons Companies is one of the largest food and drug
retailers in the United States, with both a strong local presence
and national scale. Albertsons Companies operates stores across 34
states and the District of Columbia with more than 20 well-known
banners including Albertsons, Safeway, Vons, Pavilions, Randalls,
Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United
Supermarkets, Market Street, Haggen, Kings Food Markets and
Balducci’s Food Lovers Market.
Important Notice Regarding Forward-Looking Statements
This press release contains certain forward-looking statements.
Statements that are not historical facts, including statements
regarding the Company’s expectations, perspectives and projected
financial performance, are forward looking statements. The words
“expect,” “believe,” “estimate,” “intend,” “plan” and similar
expressions, when related to the Company and its subsidiaries,
indicate forward-looking statements. The forward-looking statements
are based on the Company’s current expectations and involve risks
and uncertainties. The Company cautions that actual results could
differ materially from the expectations described in the
forward-looking statements. These risks and uncertainties that
could cause actual results to differ materially from those
expressed or implied in the forward-looking statements include
those related to the COVID-19 pandemic, about which there are still
many unknowns, including the duration of the pandemic and the
extent of its impact. The Company also cautions that undue reliance
should not be placed on any of the forward-looking statements,
which speak only as of the date of this release. The Company
undertakes no responsibility to update any of these forward-looking
statements to reflect events or circumstances after the date of
this report or to reflect actual outcomes. Information about
certain potential factors that could affect our business and
financial results and cause actual results to differ materially
from those expressed or implied in any forward-looking statements
are included under the captions “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations,” in our Annual Report on Form 10-K for the fiscal year
ended February 27, 2021, which is on file with the U.S. Securities
and Exchange Commission (the “SEC”), and may be contained in
reports subsequently filed with the SEC and available at the SEC’s
website at www.sec.gov.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220111005229/en/
Melissa Plaisance melissa.plaisance@albertsons.com |
925-226-5115
Albertsons Companies (NYSE:ACI)
Historical Stock Chart
From Sep 2024 to Oct 2024
Albertsons Companies (NYSE:ACI)
Historical Stock Chart
From Oct 2023 to Oct 2024