[Robinhood Board Approves $1.5 Billion Share Repurchase Program] Odaily Planet Daily News – The Robinhood board on Tuesday approved a $1.5 billion share repurchase program. Robinhood CFO Shiv Verma stated that this authorization reflects the management and board's confidence in continuing to launch innovative products for customers and create value for shareholders. The company indicated that it expects to execute this $1.5 billion authorization over the next approximately three years, while retaining the flexibility to accelerate repurchases when market conditions permit. Previously, the board approved a $1 billion repurchase plan in May 2024 and an additional $500 million plan in April 2025. In recent years, Robinhood has increased its focus on the crypto business, including promoting 24-hour on-chain stock trading and offering tokenized exposure to major private companies for non-U.S. customers. Its Ethereum Layer 2 network, Robinhood Chain, based on Arbitrum, has already launched its testnet. (The Block)