Raymond James gains after unveiling $2 billion buyback program
ReutersDec 4, 2025 5:31 PM
Shares of wealth manager Raymond James RJF.N rise 2.7% to $163.06
RJF announced a buyback program of up to $2 billion late Wednesday
Repurchases may be made both through the open market and privately negotiated transactions
RJF also boosted its quarterly cash dividend by 8% to 54 cents per share
Five of 14 brokerages rate the stock "buy" or higher, and nine "hold"; median PT is $185 - data compiled by LSEG
As of last close, RJF stock up 2.2% YTD
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