Business
Ally announces share repurchase authorization
Ally Financial Inc. (NYSE: ALLY) announced today that its board of directors has authorized the company to repurchase up to $2.0 billion of its common stock under a multi-year share repurchase program without a set expiration date. Ally may begin repurchasing shares under the program this quarter.
About this update from Ally Financial Inc.
[{"type":"text","content":"DETROIT, Dec. 10, 2025 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that its board of directors has authorized the company to repurchase up to $2.0 billion of its common stock under a multi-year share repurchase program without a set expiration date. Ally may begin repurchasing shares under the program this quarter.","length":337,"tagName":"p"},{"type":"image","alt":"Ally Financial (PRNewsfoto/Ally Financial)","displaySize":"","headline":null,"caption":"Ally Financial (PRNewsfoto/Ally Financial)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":233,"url":"https://media.zenfs.com/en/prnewswire.com/8ba376f604a1ff81daebbc44f49879c4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Mi7ys_QQYKzNvAjCSUDrFQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQxMTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/8ba376f604a1ff81daebbc44f49879c4","width":400,"height":233}},"href":"https://mma.prnewswire.com/media/1743708/Ally_Financial_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""This share repurchase authorization reflects the momentum of our core businesses and our conviction in the path ahead," said Ally CEO Michael Rhodes.","length":160,"tagName":"p"},{"type":"text","content":"The repurchase program enables Ally to acquire shares through open market purchases or privately negotiated transactions, including through a Rule 10b5-1 plan, at the discretion of management and on terms (including quantity, timing, and price) that management determines to be advisable. Actions in connection with the repurchase program will be subject to various factors, including Ally's capital and liquidity positions, accounting and regulatory considerations, Ally's financial and operational performance, alternative uses of capital, the trading price of Ally's common stock, and general market conditions. The repurchase program does not obligate Ally to acquire a specific dollar amount or number of shares and may be extended, modified, or discontinued at any time.","length":788,"tagName":"p"},{"type":"text","content":"Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical or current facts, including statements about Ally's ...