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Bread Financial Announces $600 Million Increase in Share Repurchase Authority
COLUMBUS, Ohio, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) today announced that its Board of Directors (the “Board”) has approved a $600 million increase to the Company’s existing share repurchase authorization. As of December 31, 2025, the Company had $240 million remaining on its open share repurchase authorization. The Company made an additional $75 million of repurchases to-date during 2026, meaning that $165 million of s
About this update from Bread Financial Holdings, Inc.
[{"type":"image","alt":"Bread Financial Payments, Inc.","displaySize":"","headline":null,"caption":"Bread Financial Payments, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":43,"url":"https://media.zenfs.com/en/globenewswire.com/c27b8819b7b632514abbced3595e40ff"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/E2kZ.fN0WOZv.vErQHPFLw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTYwO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/c27b8819b7b632514abbced3595e40ff","width":300,"height":43}},"lazy":false},{"type":"text","content":"COLUMBUS, Ohio, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) today announced that its Board of Directors (the “Board”) has approved a $600 million increase to the Company’s existing share repurchase authorization. As of December 31, 2025, the Company had $240 million remaining on its open share repurchase authorization. The Company made an additional $75 million of repurchases to-date during 2026, meaning that $165 million of share repurchase capacity was available prior to today’s announcement. After today’s announcement, the Company’s share repurchase authorization is currently $765 million. There is no expiration date for the share repurchase authorization.","length":737,"tagName":"p"},{"type":"text","content":"“Today’s announcement continues to underscore our ability to execute all of our capital and growth priorities concurrently, allowing us flexibility to return significant additional value to our shareholders,” said Ralph Andretta, president and chief executive officer of Bread Financial.","length":287,"tagName":"p"},{"type":"text","content":"Any decision to repurchase shares will be subject to market conditions and other factors, including legal and regulatory restrictions and required approvals, up to the aggregate amount authorized by the Board. The repurchase plan does not obligate the Company to acquire any specific number of shares and may be suspended or terminated at any time.","length":348,"tagName":"p"},{"type":"text","content":"About Bread FinancialBread Financial® (NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers. Our payment solutions, including Bread Financial general purpose credit cards an...