Truist Rewards Shareholders With New $10B Share Repurchase Plan

Key Takeaways TFC announced a new $10B share repurchase program, replacing its $5B plan that had about $1.5B remaining.Truist maintains dividend at $0.52, with a 4.18% yield at the last close, above the industry average of 3.13%.TFC reported solid capital, including an 11% CET1 and 14.2% total capital ratio, supporting deployment.Truist Financial Corp.’s (TFC) board of directors has approved a new share repurchase plan. Under the new authorization, the company may repurchase up to $10 billion of its shares. ...