Robinhood approves $1.5B buyback as stock nears 55% drop since October high
Robinhood authorized a new $1.5 billion share repurchase program amid a significant drop in its stock price.Summary
Robinhood has approved a refreshed $1.5 billion share repurchase program, adding over $1.1 billion in capacity, signaling management's confidence in its strategy. The company plans to execute this authorization over approximately three years, maintaining flexibility to accelerate if market conditions permit. This new plan builds upon previous buyback efforts initiated in May 2024 and increased in April 2025. The buyback announcement comes as Robinhood's stock has fallen about 55% from its early October 2025 high of nearly $154, currently trading around $69. This decline mirrors the broader crypto market pressure, as Bitcoin has dropped significantly from its October 2025 peak. Furthermore, Robinhood's fourth quarter 2025 crypto trading revenue missed analyst expectations.
(Source：Crypto Briefing)