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Talen Energy Has Approved Upsizing Its Previously Announced Share Repurchase Program, Increasing Remaining Capacity To $1.25B

Author: Benzinga Newsdesk | September 05, 2024 07:21am

In October 2023, the board of directors approved a $300 million share repurchase program, which was subsequently upsized to $1 billion through December 31, 2025. To date, Talen has repurchased approximately 14% of its shares outstanding for a total of $931 million. Going forward, the Company is authorized to repurchase up to $1.25 billion of incremental outstanding common stock through the fourth quarter of 2026.

Posted In: TLN


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