Frontdoor authorizes $400M share repurchase program through Sept 2024

Frontdoor, Inc.

Board approved up to $400M of common stock repurchases over three years (Sept 3, 2021 – Sept 3, 2024).
Funding from cash on hand and cash from operations; CFO cites strong cash flow and capital structure improvements.
Repurchases may be made via open market, 10b5-1 plans, or private transactions; no obligation to buy any specific number.
Program reflects priority on returning capital to shareholders after recent debt refinancing and repayment.

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