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.

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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.

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