Robinhood is ramping up shareholder returns with a newly approved $1.5 billion stock repurchase program, even as its shares remain sharply below last year’s highs.
The plan, disclosed in an 8-K filing with the U.S. Securities and Exchange Commission, adds more than $1.1 billion to the company’s existing buyback authorization. Robinhood said it expects to carry out the program over roughly three years beginning in the first quarter of 2026, without a fixed purchase requirement.
Alongside the buyback, the company strengthened its liquidity position. Its subsidiary, Robinhood Securities, updated a credit agreement with a group of lenders led by JPMorgan, increasing its revolving credit facility to $3.25 billion from $2.65 billion. The agreement also provides flexibility to expand total commitments up to $4.875 billion.
After riding a surge in crypto trading to become one of 2025’s top-performing stocks, Robinhood has since seen its shares tumble more than 50% from their peak, which coincided with Bitcoin topping out in early October. The stock rose 1.4% in after-hours trading.
