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American Express Global Business Travel Announces Additional $300M Buyback Plan

Benzinga·02/17/2026 13:54:21
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American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) ("Amex GBT" or the "Company"), a leading software and services company for travel, expense, and meetings & events, today announced its board of directors has increased the capacity of the Company's existing share repurchase program to $600 million, an increase of $300 million. The authorization reflects confidence in Amex GBT's ability to deliver growth, AI-enabled product innovation, margin expansion and cash generation while maintaining a strong balance sheet and delivering attractive capital returns to shareholders.