8-K filed Sep 25, 2026
KeyCorp authorizes $3B for stock buybacks
“Board authorized a share repurchase program of $3.0Bn Disciplined balance sheet growth and optimization Maintain expense discipline while investing Compound our current fee advantage Productively deploy excess capital (current and future) Well-positioned to deliver 15%+ ROTCE by 4Q27 and 16-19% ROTCE over the long term Positioned for the Future 23”
From KeyCorp’s 8-K filed Sep 25, 2026 · read the filing · all documents
How big is it?
KeyCorp bought back $930M of stock in the twelve months to Jun 30, 2026. At that pace, $3.0B covers about 3.2 years of buybacks.
The amount equals 250% of its free cash flow over the same twelve months ($1.2B).
Its diluted share count is down 2.5% from a year earlier.
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q3 '23 | $0 |
| Q4 '23 | $0 |
| Q1 '24 | $0 |
| Q2 '24 | $0 |
| Q3 '24 | $0 |
| Q4 '24 | $0 |
| Q1 '25 | $35M |
| Q2 '25 | $0 |
| Q3 '25 | $0 |
| Q4 '25 | $200M |
| Q1 '26 | $389M |
| Q2 '26 | $341M |
Other KeyCorp buyback announcements
- May 14, 2026KeyCorp authorizes $3B for stock buybacks$3.0B