Global Finance News
28 Jul 2025, 09:38
Charles Schwab Announces $20 Billion Share Repurchase and Declares Dividends
Charles Schwab’s Board of Directors has authorized a $20 billion stock repurchase program, replacing the previous $6.9 billion remaining authorization. It also declared a $0.27 per share quarterly cash dividend, payable on August 22, 2025, to shareholders of record on August 8, 2025.
In addition, the Board declared dividends on various preferred stock series, payable on September 2, 2025. The moves reflect Schwab’s strong financial position and continued confidence in long-term growth.
Charles Schwab’s Board of Directors has authorized a $20 billion stock repurchase program, replacing the previous $6.9 billion remaining authorization. It also declared a $0.27 per share quarterly cash dividend, payable on August 22, 2025, to shareholders of record on August 8, 2025.
In addition, the Board declared dividends on various preferred stock series, payable on September 2, 2025. The moves reflect Schwab’s strong financial position and continued confidence in long-term growth.