09:43 AM EDT, 07/25/2024 (MT Newswires) -- Harley-Davidson ( HOG ) said Thursday its board has authorized a new plan to repurchase $1 billion of the company's common shares through 2026, replacing the current share repurchase plans.

The company expects to finance the plan with cash flow from operations, it added.

Harley-Davidson's ( HOG ) stock advanced by more than 6% in recent trading.

Price: 36.30, Change: +2.43, Percent Change: +7.17