Albertson's Inc. said company directors have adopted a resolution authorizing, but not requiring, the company to purchase up to 6.7 million shares of Albertson's common stock on the open market during the period April 1, 1991, to March 31, 1992.

"Such purchases, if made, shall occur at such times as the company may, at its discretion, select," a spokesman said.The previous resolution authorizing the company's stock purchase program will expire on March 31, 1991. The authorization under the previous resolution was for 6.6 million shares, of which 354,100 were purchased and retired. Since September 1987, the company has purchased and retired the equivalent of 4.13 million shares under various stock purchase programs.