News & Deep Analysis
COF-PN

COF-PN Authorizes $16B Share Buyback

Published: October 21, 2025
CAPITAL ONE FINANCIAL CORP

Direct News

  • Ticker: COF-PN
  • Company authorizes a $16.0 billion share repurchase program
  • Repurchase program starts Oct 21, 2025
  • On 2025-09-11 the company closed a $2.75 billion offering of fixed-to-floating rate senior notes due 2031 and 2036
  • On 2025-09-11 the company completed the acquisition of Discover Financial Services

Historical Context

2025-09-11: Closed a $2.75 billion offering of fixed-to-floating rate senior notes due 2031 and 2036. 2025-09-11: Completed acquisition of Discover Financial Services. 2025-10-21: Authorized a $16.0 billion share repurchase program, effective Oct 21, 2025.

Details and timing of the authorization

COF-PN announced on Oct 21, 2025 that it has authorized a $16.0 billion share repurchase program effective the same date. The authorization establishes the company’s ability to repurchase outstanding shares beginning Oct 21, 2025. This announcement follows the company’s capital-markets and strategic activity recorded on Sept. 11, 2025, when it closed a $2.75 billion offering of fixed-to-floating rate senior notes due 2031 and 2036 and completed the acquisition of Discover Financial Services. Those events form the most recent, documented context for the Oct. 21 buyback authorization.

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