Ameriprise Financial stock gets a USD 5.5 billion buyback boost

Published on 10/03/2026 at 23:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ameriprise Financial stock was last at USD 490.91 on October 2, 2026, after a 0.79 percent daily decline. The next results are scheduled for October 29.

Dokumentarisches Schwarzweißfoto eines Beratungsgesprächs zur Altersvorsorge — Ameriprise Financial Inc. US03076C1062 dokumentarische Schwarzweiß Fotografie eines Rentenplanungsgesprächs am Küchentisch zuhause, Illustration mit AI erstellt.

Ameriprise Financial (ISIN US03076C1062) was last at USD 490.91 on the NYSE on October 2, 2026, down 0.79 percent from the prior close. The company then put a major capital-return measure on the agenda with a USD 5.5 billion authorization.

Buyback runs through 2028

According to Ameriprise Financial on September 29, 2026, the board authorized an additional USD 5.5 billion for common-stock repurchases through September 30, 2028. The program can use existing working capital, future cash flow and other customary financing methods.

The authorization does not require a minimum purchase volume, and the company can start or suspend repurchases depending on market conditions and other factors, according to Ameriprise Financial. That flexibility makes the authorization a framework for capital allocation rather than a fixed schedule of purchases.

Stock stays below yearly high

At USD 490.91, Ameriprise Financial stock stood 14.3 percent below its 52-week high of USD 572.56 and 16.2 percent above its 52-week low of USD 422.37 on October 2, 2026. The session range ran from USD 487.32 to USD 496.88, while volume reached 461,460 shares.

The market capitalization was USD 44.1 billion on October 2, 2026. The price therefore sits closer to the yearly high than the yearly low, while the latest daily move remained below the 1 percent threshold for a pronounced directional signal.

Results date is October 29

Ameriprise scheduled its third-quarter 2026 results for October 29, 2026, with the release planned for 8:15 a.m. ET and the investor call at 9:00 a.m. ET, according to Ameriprise Financial. That report will give investors the next company-specific checkpoint after the buyback decision.

Capital return meets the next report

Ameriprise Financial combines financial planning, asset management, retirement solutions and insurance services across its operating businesses. The next earnings date and the size of the repurchase authorization make capital allocation the central measurable theme for the stock in October 2026.