Albertsons Companies Issues Statement Regarding the Temporary Restraint of its Special Dividend Payment as a Result of Washington State Court's Temporary Restraining Order

Nov 04, 2022

Albertsons Companies (NYSE: ACI) (“Albertsons Cos.” or “the Company”) today announced that the Attorney General of the State of Washington has been granted a temporary restraining order (“TRO”) by a Commissioner assistant to the Judge. The TRO restrains the Company from paying the previously announced $6.85 per common share Special Dividend (the “Special Dividend”), originally scheduled to be paid on November 7, 2022. The Order enables the Court to consider the merits at a hearing scheduled for November 10, 2022. The Order remains in effect until November 10, 2022, unless within that time, an order is entered extending or dismissing the TRO.

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