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Sallie Mae Announces $200M Buyback Plan

Benzinga·03/09/2026 12:36:09
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Sallie Mae (Nasdaq: SLM) formally SLM Corporation, today announced that it has entered into a $200 million accelerated share repurchase ("ASR") agreement with Goldman Sachs & Co. LLC ("Goldman Sachs").

The ASR and any future share repurchases will be conducted under the $500 million share repurchase program authorized by Sallie Mae's Board of Directors, effective Jan. 22, 2026.