Bread Financial (BFH) Announces Approval of $30 Million Share Repurchase Program

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Go back to Bread Financial (BFH) Announces Approval of $30 Million Share Repurchase Program

Bread Financial™ Announces Approval of $30 Million Share Repurchase Program

February 21, 2024 7:30 AM EST

COLUMBUS, Ohio, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced that its Board of Directors has approved a new plan to purchase up to $30 million of shares of the Companys common stock.

As part of Bread Financials continued commitment to its stated capital priorities, the share buyback is designed to offset the impact of dilution associated with issuances of employee restricted stock units.

The boards authorization permits the Company to make open... More