Charles Schwab(US:SCHW) 智通财经网·2025-07-25 02:30Core Viewpoint - Charles Schwab Corporation (SCHW.US) announced a new stock repurchase plan worth up to $20 billion, replacing the remaining $6.9 billion from the previous authorization, reflecting confidence in the company's long-term growth prospects [1][2] Group 1: Stock Repurchase Plan - The new stock repurchase plan is authorized for $20 billion of common stock, with no specific timeline provided for the buybacks [1] - The announcement led to a nearly 2% increase in the company's stock price, which has risen approximately 30% year-to-date, significantly outperforming the S&P 500 index [1] - The plan is seen as an efficient allocation of capital, returning cash flow directly to shareholders while supporting the stock price at historical highs [2] Group 2: Financial Performance - In Q2 2025, the company reported a core net new asset increase of $80.3 billion, a year-on-year growth of 31%, with a total of $218 billion accumulated in the first half of the year [2] - Total client assets grew by 14% year-on-year to a record $10.76 trillion, driven by strong market performance and increased trading activity [2] - Client trading revenue surged by 23% year-on-year to $952 million, benefiting from significant market volatility and a rebound in U.S. stocks [2]