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Sallie Mae Enters $200 Million Share Repurchase Agreement
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Sallie Mae Enters $200 Million Share Repurchase Agreement
NEWARK, DE — Sallie Mae (Nasdaq: SLM) has entered into a $200 million accelerated share repurchase agreement with Goldman Sachs as part of a broader $500 million stock buyback program, the company announced. The agreement, executed last week, is part of a repurchase plan authorized by the company’s board on January 22, 2026. Under the terms, Sallie Mae will prefund the $200 million transaction on March 10 and expects to receive and retire a sign…
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