Talen Energy upsizes share repurchase program to $1.25B remaining capacity

Talen Energy Corp

Board increased remaining buyback capacity to $1.25 billion through Q4 2026.
Company repurchased $931 million of shares, approximately 14% of shares outstanding.
Authorization extended from December 31, 2025 to fourth quarter 2026.
Program to be funded by cash on hand and operations; no minimum purchase obligation.
CEO McFarland cites disciplined capital allocation and return of capital to shareholders.

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