Citizens Financial Group announced that its board of directors has increased the capacity of the company’s common share repurchase program by an additional $1.15B. This is incremental to the $850M of capacity remaining as of December 31, 2022 under the prior June 2022 authorization, of which $400M will be utilized during first quarter 2023.
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- Citizens Financial price target raised to $51 from $47 at Piper Sandler
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