Additionally, the company announced that the board approved an incremental share repurchase program of up to $1B, commencing this quarter through June 30, 2025. The company had approximately $300M remaining under its prior share repurchase program as of March 31; this increase will bring the total amount of share repurchase authorization to approximately $1.3B through June 30, 2025.
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Read More on SYF:
- Synchrony Reports First Quarter 2024 Results; Company also Announces Quarterly Stock Dividends and Approval of an Incremental $1.0 Billion Share Repurchase Program
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- Synchrony price target raised to $44 from $41 at RBC Capital
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