Bread Financial Announces Increased Dividend on Common Stock and $200 Million Increase in Share Repurchase Authority

Core Viewpoint - Bread Financial Holdings, Inc. has announced a quarterly cash dividend increase and a significant share repurchase authorization, reflecting strong financial health and commitment to shareholder value [1][2][3]. Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.23 per share, which is a 10% increase from the previous dividend of $0.21 per share [1]. - The dividend is payable on December 12, 2025, to stockholders of record as of November 7, 2025 [1]. Share Repurchase Authorization - The company approved a $200 million increase to its existing share repurchase authorization, bringing the total available for repurchases to $340 million [2]. - There is no expiration date for the share repurchase authorization [2]. Financial Strength and Strategy - The company emphasizes its strong capital and cash flow generation, along with a robust balance sheet, which allows it to pursue capital and growth priorities simultaneously [3]. - This strategy aims to deliver additional value to shareholders through increased dividends and share repurchases [3].