Sallie Mae entered into a USD 200 million accelerated share repurchase agreement with Goldman Sachs under its USD 500 million share repurchase program. The company will prefund the USD 200 million ASR and expects to receive and retire a significant portion of the shares shortly after execution. Sallie Mae said the ASR and any future repurchases will be conducted under the board-authorized USD 500 million program. The ASR is expected to be completed prior to the end of the second quarter of 2026.
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