NRG · 8-K · 20261109PR124147

Capital Return Program

NRG ENERGY, INC. · 2026-11-09 · Importance 64 · Surprise 42 · In source text

NRG plans $3 billion of share repurchases across 2026 and 2027 under its 2027 pro forma capital allocation plan. The plan includes an incremental $1 billion of repurchases expected to begin before the end of the fourth quarter of 2026. Proceeds from the asset sale are expected to support the repurchase program.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativecommitted-6.4%Proceeds are intended to support NRG’s 2027 pro forma capital allocation plan of $3 billion of share repurchases across 2026 and 2027.