Synchrony Financial announced that its Board of Directors has approved an incremental share repurchase program of up to $1B, commencing this quarter through June 30, 2024, and intends to increase the quarterly cash dividend from 23c to 25c per share of common stock, commencing in the third quarter of 2023. The company had approximately $300M remaining under its prior share repurchase program as of March 31, so this increase will bring the total amount of share repurchase authorization to approximately $1.3B through June 30, 2024.
Published first on TheFly
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