Ameriprise Board Approves Additional $5.5 Billion Share Buyback Through 2028

Ameriprise Financial Inc. (AMP) said its board authorized an additional $5.5 billion for common stock repurchases, extending the program through September 30, 2028. The Minneapolis-based financial services firm had roughly $1.1 billion remaining from its April 2025 authorization, which runs through June 30, 2027. Ameriprise said it will fund buybacks with existing working capital, future cash flow and other customary financing methods. Shares rose 0.96% to $502.11 in after-hours NYSE trading on September 29, 2026, after closing the regular session up 0.23%.