Robinhood Authorizes New $1.5 Billion Share Buyback Program

Robinhood's board has approved a new $1.5 billion share repurchase program, Reuters reported. The authorization follows an initial $1 billion buyback launched in May 2024, which was expanded by $500 million in April 2025. Shares are up nearly 80% over the past year, even as the broader software sector has sold off. Crypto trading was a key growth engine in 2024: notional volumes surged more than 400% year over year, reaching $71 billion in Q4 alone. The move underscores management's view that the market is undervaluing the company as it commits additional capital to retire its own stock.