Talen Energy's Board Approves Increase in Share Repurchase Program to $1.25 Billion-February 2024-www.financetom.com

Talen Energy's Board Approves Increase in Share Repurchase Program to $1.25 Billion

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Talen Energy's Board Approves Increase in Share Repurchase Program to $1.25 Billion

Sep 5, 2024 5:15 AM

07:46 AM EDT, 09/05/2024 (MT Newswires) -- Talen Energy ( TLN ) said Thursday that its board has approved an increase in its share repurchase program to $1.25 billion through Q4 of 2026.

The company said it plans to fund the program with cash on hand and funds generated by operations.

Talen shares were 2% lower in recent premarket trading.

Price: 140.01, Change: -2.84, Percent Change: -1.99

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