What is Principal Financial Group's payments for accelerated share repurchase?

Principal Financial Group (PFG) reported payments for accelerated share repurchase of $140.00M in Q1 2022.

What does payments for accelerated share repurchase mean?

Cash spent to quickly buy back a large block of company shares.

Discontinued — last reported Q1 '22

StatementCash Flow Statement

SectionFinancing

CategoryCapital Allocation

SignalLower is better

VolatilityVolatile

First reportedQ1 2022

Last reportedQ1 2022May 3, 2023

Higher payments indicate a proactive effort to reduce share count and improve earnings per share.

Cash outflows specifically designated for accelerated share repurchase programs, which allow a company to retire a signi...

Used by large-cap firms; peers may use this or standard open-market repurchases to manage equity.

Metric ID: financing_payments_for_accelerated_share_repurchase

1 periods

	Q1 '22
Value	$140.00M

What is Principal Financial Group's payments for accelerated share repurchase?: Principal Financial Group (PFG) reported payments for accelerated share repurchase of $140.00M in Q1 2022.
What does payments for accelerated share repurchase mean?: Cash spent to quickly buy back a large block of company shares.