The company announced that its Board of Directors has authorized a $400M increase in its share repurchase program. This authorization is in addition to the $300M buyback program announced in November 2024, under which the company has repurchased 7.3 million shares of stock, representing 3% of its outstanding shares, at a cost of $249M as of September 30, 2025. The program does not have a set expiration date and may be suspended, modified or discontinued at any time without prior notice.
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