Raymond James Financial RJF Share Repurchase Program, Authorized, Amount

We repurchase shares of our common stock from time to time for a number of reasons, including to offset dilution, which could arise from share issuances resulting from share-based compensation programs or acquisitions. In December 2025, our Board of Directors authorized common stock repurchases of up to $2 billion, which replaced the previous authorization. Our share repurchases are effected primarily through regular open-market purchases, typically under a SEC Rule 10b-18 plan, the amounts and timing of which are determined primarily by our current and projected capital position, applicable legal and regulatory constraints, general market conditions and the price and trading volumes of our common stock. During the three months ended June 30, 2026, we repurchased 2.6 million shares of our common stock for $400 million at an average price of $152 per share. During the nine months ended June 30, 2026, we repurchased 7.7 million shares of our common stock for $1.2 billion. As of June 30, 2026, $1.1 billion remained available under the Board of Directors’ common stock repurchase authorization.