Talen Energy increases share repurchase program capacity to $1.25B

Talen Energy announced that its board of directors has approved upsizing its previously announced share repurchase program, increasing remaining capacity to $1.25 billion. In October 2023, the board of directors approved a $300 million share repurchase program, which was subsequently upsized to $1 billion through December 31, 2025. To date, Talen has repurchased approximately 14% of its shares outstanding for a total of $931 million. Going forward, the Company is authorized to repurchase up to $1.25 billion of incremental outstanding common stock through the fourth quarter of 2026.