Company Board Approves New $5 Billion Share Repurchase Program
As of December 31, 2025, $350 million of authorization remained on the company's existing $2.0 billion share repurchase program, which the company expects to complete in the first quarter of 2026. The company's Board of Directors has authorized a new $5 billion share repurchase program that has no expiration date, and is expected to commence after completion of the current program. The company intends to repurchase $1.5 billion of common stock in 2026, including $1.15 billion under the new program.
