Wealthfront Corporation's Board of Directors has authorized an additional $150.0 million for its common stock share repurchase program. This new authorization significantly increases the capital available for buybacks under the company's existing plan.
Key Details
- New Authorization: The board approved a $150.0 million increase to the share repurchase program on October 20, 2026.
- Existing Program: This is in addition to the original $100.0 million authorization from March 2026, which had approximately $18.3 million remaining.
- Funding & Terms: Repurchases will be funded with existing cash and cash from operations. The program is discretionary, has no expiration date, and can be modified or terminated by the board at any time.