Safeway (SWY) announces a $1B increase in its stock buyback authorization. The move raises...

|About: Safeway Inc. (SWY)|By:, SA News Editor

Safeway (SWY) announces a $1B increase in its stock buyback authorization. The move raises Safeway's total existing authorization to $1.4B, good for repurchasing 24% of all outstanding shares at their current level. (PR)