BUZZ-Bread Financial jumps after $600 million buyback authorization boost
Bread Financial Holdings, Inc.
Bread Financial Holdings, Inc. BFH | 0.00 |
** Credit card issuer Bread Financial's BFH.N shares jump 8% to $79
** BFH boosts existing stock buyback authorization by $600 million
** Co had $165 million share repurchase capacity available prior to the announcement
** BFH has 43 million outstanding shares, according to LSEG data
** 7 of 18 brokerages rate stock "buy" or higher, 8 "hold" and 3 "sell"; median PT is $88 - data compiled by LSEG
** As of last close, BFH stock down 1.1% YTD
