Bread Financial Announces Approval of $200 Million Share Repurchase Program

Rhea-AI Summary

Bread Financial (NYSE: BFH) has announced a significant share repurchase program authorized by its Board of Directors. The program allows for the repurchase of up to $200 million worth of common stock shares, with no specified expiration date.

CEO Ralph Andretta emphasized the company's strong position to execute its capital priorities, focusing on responsible growth, balance sheet strength, and shareholder value. The implementation of share repurchases will be subject to market conditions and regulatory requirements, with the company maintaining flexibility to suspend or terminate the program at any time.

Positive

• Board authorized substantial $200 million share repurchase program
• No expiration date provides flexibility in execution
• Demonstrates management's confidence in company's financial strength

Negative

• Program execution depends on market conditions and regulatory approvals
• No commitment to acquire specific number of shares

COLUMBUS, Ohio, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Bread Financial^® Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) today announced that its Board of Directors (the “Board”) has authorized a new plan to repurchase up to $200 million of shares of its common stock. There is no expiration date for the repurchase plan.

“We are pleased with the progress we have made to strengthen our company. Bread Financial is well-positioned to execute against our capital priorities to grow responsibly, maintain our balance sheet strength, and return value to our shareholders,” said Ralph Andretta, president and chief executive officer of Bread Financial.

Any decision to repurchase shares will be subject to market conditions and other factors, including legal and regulatory restrictions and required approvals, up to the aggregate amount authorized by the Board. The repurchase plan does not obligate the Company to acquire any specific number of shares and may be suspended or terminated at any time.

About Bread Financial
Bread Financial^® (NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers.

Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, among other things, statements regarding the Company’s intended share repurchases and the expected impact on share count dilution. The Company believes that its expectations are based on reasonable assumptions. Forward-looking statements, however, are based only on currently available information and the Company’s current beliefs, expectations and assumptions, and are subject to a number of risks and uncertainties that are difficult to predict and, in many cases, beyond the Company’s control, including risk and uncertainties described in greater detail under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report on Form 10-K for the most recently ended fiscal year, which may be updated in Item 1A of, or elsewhere in, the Company’s Quarterly Reports on Form 10-Q filed for periods subsequent to such Form 10-K. The Company’s forward-looking statements speak only as of the date made, and it undertakes no obligation, other than as required by applicable law, to update or revise any forward-looking statements, whether as a result of new information, subsequent events, anticipated or unanticipated circumstances or otherwise.

Contacts
Brian Vereb – Investor Relations
Brian.Vereb@BreadFinancial.com

Susan Haugen – Investor Relations
Susan.Haugen@BreadFinancial.com

Rachel Stultz – Media
Rachel.Stultz@BreadFinancial.com

FAQ

What is the size of Bread Financial's (BFH) new share repurchase program?

Bread Financial's Board has authorized a $200 million share repurchase program with no expiration date.

When does Bread Financial's (BFH) 2025 share buyback program expire?

The share repurchase program has no expiration date, providing flexibility in its execution.

Who announced Bread Financial's share repurchase program?

The program was announced by Ralph Andretta, president and chief executive officer of Bread Financial, following Board authorization.

Is Bread Financial (BFH) required to complete the full $200M share repurchase?

No, the program does not obligate Bread Financial to acquire any specific number of shares and can be suspended or terminated at any time.

What are the conditions for Bread Financial's 2025 share buyback program?

The share repurchases are subject to market conditions, legal and regulatory restrictions, required approvals, and can be executed up to the $200 million authorized amount.