Ameriprise Financial has approved a new US$5.5b share repurchase authorization, a move that puts the stock's recent pullback in focus. The shares have eased roughly 9.3% over the past 30 days, even as the 1-year total shareholder return stands at 5.8% and the 5-year total shareholder return is about 85.7%. The most followed narrative pegs fair value at $579.45 using an 8.04% discount rate, compared with the latest close at $500.51, implying the stock is 14% undervalued. The company has returned approximately 85% to 90% of adjusted operating earnings to shareholders over time, illustrated by capital return of 88% and 91% of operating earnings in Q1 and Q2 2026, a 6% dividend increase, and repurchases of 3.3 million shares in the first half of 2026. The story could be knocked off course if adviser turnover continues to drain client assets or if asset management outflows remain elevated and put pressure on fees.
Ameriprise Financial IncAmeriprise approved a new US$5.5b share repurchase authorization, a direct capital-return event.
Taishin Financial Holding Co Ltd