The company is also announcing its 2025 capital allocation plan which adheres to its previously announced policy. The plan includes $1.3B in share repurchases and an 8% increase of the annual common dividend to $1.76 per share. NRG‘s board of directors has approved an increase of the company’s share repurchase authorization through 2025 to $3.7B from $2.7B.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NRG:
- NRG Energy reports Q3 adjusted EPS $1.90 vs. $1.57 last year
- NRG Energy raises FY24 adjusted EPS view to $5.95-$6.75 from $5.00-$6.30
- Options Volatility and Implied Earnings Moves Today, November 08, 2024
- NRG, Renew Home, Google Cloud announce partnership
- NRG Upcoming Earnings Report: What to Expect?