Robinhood expands share repurchase program to $1.5 billion amid ongoing stock decline

Robinhood has authorized a new $1.5 billion stock buyback program, expanding its capital return plans as its shares remain well below recent highs.

The move, detailed in a filing with the U.S. Securities and Exchange Commission, increases the company’s total repurchase capacity by more than $1.1 billion. Robinhood said the program is expected to be carried out over approximately three years starting in the first quarter of 2026, without a fixed purchase commitment.

At the same time, the firm strengthened its funding base. Its unit, Robinhood Securities, revised a credit agreement with lenders led by JPMorgan, lifting its revolving credit facility to $3.25 billion from $2.65 billion. The agreement also includes an option to expand total commitments to $4.875 billion.

After emerging as one of 2025’s top-performing stocks—driven in large part by a surge in crypto trading—Robinhood shares have fallen more than 50% since Bitcoin peaked in early October. The stock rose 1.4% in after-hours trading.

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