$HOOD ROBINHOOD INCREASES BUYBACK PROGRAM FROM $400M TO $1.5B. “Robinhood is a generational company with a massive long-term opportunity,” said Shiv Verma, Chief Financial Officer of Robinhood. “This authorization reflects the confidence of our management team and board in our ability to continue delivering innovative products for customers and creating value for shareholders while returning capital over time.” Robinhood bought back $1.1B of stock, 25M shares, at an avg price of $45 over the past two years.
