On April 24, 2025, Ameriprise Financial, Inc.'s Board of Directors announced an additional $4.5 billion authorization for share repurchases, extending through June 30, 2027. This new authorization supplements the $271 million remaining under the prior authorization as of March 31, 2025.
In a move demonstrating confidence in the company's financial strength and future cash flow generation, the Board also approved an 8% increase in the regular quarterly dividend. The new dividend rate is $1.60 per share.
These capital return initiatives underscore Ameriprise's commitment to delivering value to shareholders at a differentiated pace, targeting approximately 80% of operating earnings. The substantial buyback authorization and dividend increase reflect a robust balance sheet and strong capital generation capabilities.
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