Bread Financial Holdings, Inc. (NYSE: BFH) announced the approval of a $200 million share repurchase program with no expiration date.
The Board of Directors authorized the repurchase plan to strengthen the company and return value to shareholders.
The plan is flexible, subject to market conditions and legal regulations, with no specific number of shares required to be repurchased.
Share Repurchase Program
Authorized up to $200 million to repurchase shares of common stock.
Company's Position
Bread Financial is well-positioned to grow responsibly and return value to shareholders.
Flexibility in Plan
No obligation to acquire a specific number of shares, can be suspended or terminated at any time.
- The share repurchase program signals confidence in the company's financial strength and future prospects.
- This move aims to drive growth, maintain balance sheet strength, and enhance shareholder value in the long term.
Bread Financial's approval of the $200 million share repurchase program reflects strategic capital deployment to create value for shareholders. The flexible approach underscores the company's commitment to responsible growth and financial strength.