The company said that it plans to make share repurchases from time to time based on market conditions.
Synchrony Financial shares are down more that 11% over the last 12 months and have fallen about 27% year to date.
Synchrony Financial is a consumer financial company based in Stamford, CT that provides a range of credit products to clients.
Over on Real Money Jim Cramer give advice to investors looking at how to play the Trump Trade. Get his insights or analysis with a free trial subscription to Real Money.