Mar. 24 at 9:04 PM
$HOOD authorizes
$1.5B share repurchase program (incremental ~
$1.1B capacity). Mgmt expects to execute the program over approximately 3-yrs, w/ flexibility to accelerate.
CFO Shiv Verma commented: “This authorization reflects the confidence of our management team & board in our ability to continue delivering innovative products for customers and creating value for shareholders while returning capital over time"
Fifth Amended & Restated Credit Agreement (
$3.25B commitment, expandable to
$4.875B) - Tranches A/B/C, margins 1.25%/2.50%, 0.45% undrawn fee, effective March 20, 2026
$BMO $COF $WFC - Co-Syndication/Structuring Agents
$JPM Administrative Agent
FY25 Adj'd EBITDA Margin: 56%
FY25 CFFO:
$1.638B
YE25 Total Cash:
$4.3B
4Q25 Buyback:
$100M (0.8M shares x avg
$119.86)
FY25 Buyback:
$653M (12M shares x avg
$54.40)
Since starting buyback program in 3Q24, total buyback:
$910M (22M shares x avg
$40.64)
