04:51 PM EDT, 03/24/2026 (MT Newswires) -- Robinhood Markets ( HOOD ) said Tuesday its board approved a new $1.5 billion share buyback program, adding $1.1 billion in incremental capacity compared with the prior authorization.

The company's Robinhood Securities subsidiary amended its 364-day senior secured revolving credit facility, raising the commitment to $3.25 billion from $2.65 billion, with potential to increase to as much as almost $4.88 billion, according to a regulatory filing.