Bread Financial Announces Approval of $150 Million Share Repurchase Program
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Bread Financial Holdings, Inc. has announced a $150 million share repurchase program, approved by its Board of Directors. The plan has no expiration date.
March 05, 2025 | 1:00 pm
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POSITIVE IMPACT
Bread Financial has announced a $150 million share repurchase program, which is likely to positively impact its stock price in the short term as buybacks can increase earnings per share and signal confidence from the management.
Share repurchase programs often lead to a positive impact on stock prices as they reduce the number of shares outstanding, potentially increasing earnings per share. It also signals management's confidence in the company's financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100