NRG Energy Tops Q3 Earnings, $3B Share Repurchase Program Extends Through 2028
1. NRG reported $7.635 billion revenue, exceeding expectations of $7.482 billion. 2. Adjusted EBITDA rose to $1.205 billion, marking a year-over-year increase. 3. The company approved a $3 billion share repurchase program through 2028. 4. NRG aims for $1.3 billion in share repurchases and $345 million in dividends. 5. Shares dropped 3.67% post-results despite strong earnings and cash flow.