Robinhood reloads stock repurchase plan to $1.5 billion as shares continue in downtrend

coindesk
coindesk|2026年03月24日 21:00
Riding the crypto boom to become one of the 2025's hottest stocks, HOOD has shed more than 50% of its value since bitcoin topped in early October. What to know : Robinhood opened a new $1.5 billion stock buyback program, which adds more than $1.1 billion to what was already in place. The company expects to execute the buyback over about three years starting in the first quarter of 2026, aiming to reduce shares outstanding and potentially boost earnings per share. Robinhood Securities also expanded its revolving credit facility, led by JPMorgan, to $3.25 billion, with the option to increase to $4.875 billion, to bolster liquidity.
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