Synchrony Announces $1 Billion Increase in Share Repurchase Authority

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Synchrony (SYF) Stock Gains on $1B Increase to Buyback Plan, Total Plan Now Represents 9% of Market Cap

December 15, 2021 5:19 PM EST

Synchrony Financial (NYSE: SYF), a premier consumer financial services company, made an announcement today, according to which its Board of Directors has increased the company's share repurchase authorization by $1.0 billion. This will bring the amount available to $2.2 billion as the company had $1.2 billion... More