Bread Financial Announces Approval of $200 Million Share Repurchase Program

Core Viewpoint - Bread Financial Holdings, Inc. has authorized a new share repurchase plan of up to $200 million with no expiration date, indicating a commitment to returning value to shareholders and strengthening its capital position [1][2]. Group 1: Share Repurchase Plan - The Board of Directors has approved a plan to repurchase up to $200 million of common stock [1]. - The repurchase plan is flexible and does not obligate the company to acquire a specific number of shares, allowing for suspension or termination based on market conditions and other factors [3]. Group 2: Company Positioning - The company is focused on strengthening its balance sheet and executing capital priorities to grow responsibly while returning value to shareholders [2]. - Bread Financial is described as a tech-forward financial services company that offers personalized payment, lending, and saving solutions to millions of U.S. consumers [4].