Synchrony Financial (SYF) Announces $2.8B Incremental Share Buyback, Hikes Quarterly Dividend to $0.23/sh

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Go back to Synchrony Financial (SYF) Announces $2.8B Incremental Share Buyback, Hikes Quarterly Dividend to $0.23/sh

Synchrony Announces Approval of an Incremental $2.8 Billion Share Repurchase Program and Plans to Increase Quarterly Common Stock Dividend by 5% to $0.23 Per Share

April 18, 2022 7:30 AM EDT

STAMFORD, Conn., April 18, 2022 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors has approved an incremental share repurchase program of up to $2.8 billion, commencing this quarter through June 30, 2023, and intends to increase the quarterly cash dividend from $0.22 to $0.23 per share of common stock, commencing in the... More