Synchrony Reports First Quarter 2025 Results; Company also Announces Quarterly Common Stock Dividend of $0.30 Per Share and Approval of a $2.5 Billion Share Repurchase Program

Financial Results - Synchrony Financial announced its first quarter 2025 results for the period ending March 31, 2025 [1] - A conference call will be hosted by the CEO and CFO to review financial results and outlook [2] Dividends - The Board declared a quarterly cash dividend of $0.30 per share of common stock, representing a 20% increase [3] - Dividends for Series A Preferred Stock are approximately $14.06 per share and for Series B Preferred Stock are approximately $20.63 per share, both payable on May 15, 2025 [3] Share Repurchase Program - The Board approved a share repurchase program of up to $2.5 billion, set to commence in the second quarter of 2025 through June 30, 2026 [4] Company Overview - Synchrony is a leading consumer financing company, providing access to credit and banking products for nearly 100 years [5] - The company supports the growth of over 400,000 small and midsize businesses and is ranked as the 2 Best Company to Work For by Fortune magazine [5]