Robinhood (HOOD) Board Approves New $1.5bn Buyback, enters credit agreement

Robinhood (NASDAQ: HOOD) Board Approves New $1.5bn Buyback, enters credit agreement.

• "The Credit Agreement provides for a 364-day senior secured revolving credit facility with a total commitment of $3.25 billion."
• "On March 24, 2026, the Company announced that its board of directors (the “Board”) approved a new share repurchase program (the “Repurchase Program”) authorizing the Company to repurchase up to $1.5 billion of its outstanding Class A common stock."
• Shares up about 1pct a/h.

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