Citizens Financial Announces New Buyback Plan: Is it Worth Watching?

Key Takeaways CFG raised its share repurchase authorization by $1.2B, bringing the total to $1.5B. The move highlights management's confidence in CFG's financial strength and growth strategy. CFG also aims to grow via acquisitions, cost-cutting programs, and private banking expansion.Citizens Financial Group (CFG) is reinforcing its shareholder-focused strategy that highlights confidence in its long-term performance.Last week, the company announced an increase in its common share repurchase authorization ...