American Express Boosts Revenue Guidance and Unleashes Massive Share Buyback
American Express (AXP) has raised its full-year revenue growth guidance to 10% for 2026, along with reporting higher second-quarter net income of $3.11 billion.
The company also completed a share repurchase program totaling 74.09 million shares for $18.32 billion.
This move highlights management's confidence in the business model and long-term growth plans, which include investing in rewards, digital capabilities, and younger customers.