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We provide the latest news from the world of economics and finance
We provide the latest news from the world of economics and finance
(RTTNews) - Wednesday, Bread Financial Holdings, Inc. (BFH) revealed that its Board gave the green light to a new plan to buy back up to $30 million worth of shares of the Company's common stock.
The company stated that the share repurchase program aims to counterbalance the dilution effects resulting from the issuance of employee-restricted stock units.
Furthermore, the board's approval allows the Company to carry out open market share repurchases periodically until December 31, 2024, per SEC Rule 10b-18 and dependent on market conditions.
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