NRG Energy announces new $3B share repurchase authorization

The company’s board of directors approved a new $3B share repurchase authorization to be completed through 2028. The company expects to complete $1B in share repurchases in 2026. NRG‘s share repurchase program is subject to maintaining satisfactory credit metrics, available capital, market conditions, and compliance with associated laws and regulations. The timing and amount of any shares of common stock repurchased under the share repurchase authorization will be determined by NRG’s management based on market conditions and other factors. NRG will only repurchase shares when management believes it would not jeopardize the company’s ability to maintain satisfactory credit ratings.