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LATEST: Robinhood announces expansion of its share buyback program to $1.5 billion, along with an increased credit line for its brokerage subsidiary.
The decision comes at a challenging time for HOOD, which despite being one of the most closely watched stocks in 2025, has seen its value decline more than 50% since Bitcoin's peak in early October.
Robinhood approves new share buyback program worth $1.5 billion.