Ameriprise Financial adds $5.5B to share repurchase program

Ameriprise Financial, Inc. (NYSE: AMP) announced that its board of directors has authorized an additional $5.5 billion for the repurchase of its common stock through September 30, 2028.

As of June 30, 2026, the company had approximately $1.1 billion remaining from a prior April 2025 authorization, which runs through June 30, 2027.

According to the company's statement, Ameriprise intends to fund the repurchases through existing working capital, future cash flow generation, and other financing methods. The program does not require a minimum number of shares to be purchased and may be commenced or suspended at any time without prior notice. Purchases may be executed in the open market, through privately negotiated transactions, block trades, or other means.

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