Truist Rewards Shareholders With New $10B Share Repurchase Plan

Core Viewpoint - Truist Financial Corp. has initiated a new share repurchase program authorizing up to $10 billion in buybacks, replacing the previous $5 billion plan, which had approximately $1.5 billion remaining available for repurchase [1][8]. Group 1: Share Repurchase Program - The new share repurchase program is effective immediately and has no stated expiration date [1]. - The previous share repurchase plan was announced in 2023 and had about $1.5 billion left as of December 16, 2025 [1][8]. Group 2: Dividend Payouts - Truist maintains its dividend at $0.52 per share, resulting in an annualized dividend yield of 4.18%, which is above the industry average of 3.13% [2][8]. - Over the past five years, Truist has increased its dividend twice, achieving a five-year annualized dividend growth rate of 3.2% [2]. Group 3: Financial Position - As of September 30, 2025, Truist reported total debt of $71.1 billion, with 41.3% classified as short-term [3]. - The company had cash and due from banks and interest-bearing deposits with banks totaling $36.9 billion [3]. - Truist's common equity tier 1 (CET1) ratio was 11%, and the total capital ratio was 14.2%, both exceeding regulatory minimums [4]. Group 4: Market Performance - Truist's shares have increased by 24.9% over the past six months, slightly outperforming the industry growth of 24.7% [5].