Robinhood reloads stock repurchase plan to $1.5 billion as shares continue in downtrend

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Robinhood reloads stock repurchase plan to $1.5 billion as shares continue in downtrend Riding the crypto boom to become one of the 2025's hottest stocks, HOOD has shed more than 50% of its value since bitcoin topped in early October. By Helene Braun , AI Boost | Edited by Stephen Alpher Mar 24, 2026, 8:59 p.m. Make us preferred on Google What to know : Robinhood opened a new $1.5 billion stock buyback program, which adds more than $1.1 billion to what was already in place. The company expects to execute the buyback over about three years starting in the first quarter of 2026, aiming to reduce shares outstanding and potentially boost earnings per share. Robinhood Securities also expanded its revolving credit facility, led by JPMorgan, to $3.25 billion, with the option to increase to $4.875 billion, to bolster liquidity. Robinhood's (HOOD) board has approved a new $1.5 billion share repurchase program, according to an 8-K filing with the U.S. Securities and Exchange Commission. It adds more than $1.1 billion to existing buyback capacity. The company said it expects to carry out the plan over about three years starting in the first quarter of 2026, though it is not required to buy a fixed amount. Alongside the buyback, Robinhood also strengthened its access to funding. Its subsidiary, Robinhood Securities, entered into an updated credit agreement with lenders led by JPMorgan. The deal expands a revolving credit facility to $3.25 billion, up from $2.65 billion, with the option to increase total commitments to $4.875 billion. One of last year's hottest stocks, in large part thanks to the boom in crypto-related trading, HOOD has lost more than 50% of its value since bitcoin topped in early October. Shares are up 1.4% in after hours trading. AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Bitcoin jolted modestly higher on Iran ceasefire report; oil tumbles 4% By Stephen Alpher 12 minutes ago An Israeli TV report said a one-month ceasefire could be announced soon. What to know : According to an Israeli TV report, a one-month ceasefire in the Iran war could be announced soon. The news sent crude oil down more than 4% and bitcoin higher by about 1%. Read full story Latest Crypto News Bitcoin jolted modestly higher on Iran ceasefire report; oil tumbles 4% 12 minutes ago BlackRock sees AI driving crypto’s next bull phase as altcoin interest fades 43 minutes ago BNY CEO says the future of crypto runs through big banks 1 hour ago Wall Street’s crypto push has been years in the making, says Morgan Stanley 4 hours ago Circle stock plunges 18% as a new draft of the Clarity Act threatens stablecoin rewards 4 hours ago Crypto finance is beginning to look at lot more traditional, Aave and Ethena founders say 4 hours ago Top Stories Wall Street broker Bernstein calls bitcoin bottom, keeps $150,000 year-end target 8 hours ago Bitcoin slips below $70,000, Circle's 16% slide leads crypto stock sell-off 5 hours ago Tether hires a 'Big Four' firm for a full audit of USDT reserves 7 hours ago Stablecoin yield in crypto Clarity Act won't allow rewards on balances, latest text says 22 hours ago New York Stock Exchange taps Securitize to build its tokenized stock platform 8 hours ago Bitcoin may have already bottomed out near $60,000. Here’s why. 7 hours ago