Ameriprise Financial (AMP) Announces $3B Share Buyback, Declares $1.13 Dividend
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Ameriprise Financial Announces Additional $3 Billion Share Repurchase Authorization; Declares Regular Quarterly Dividend
January 26, 2022 4:06 PM ESTMINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has authorized an additional $3 billion for the repurchase of shares of its common stock through March 31, 2024. As of January 25, 2022, the company had approximately $352 million available from its August 2020 authorization, which is available through September 30, 2022.
The company intends to fund share repurchases through existing working capital, future earnings and other customary financing methods. The share repurchase program does not require the purchase of any... More
