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NRG Energy Board Approves Additional $500 Mln Share Buyback - Quick Facts

While reporting its third-quarter financial results on Thursday, NRG Energy, Inc. (NRG) said its board of directors has authorized an additional $500 million share repurchase program to be executed into 2019.

In addition, the company announced that John Wilder has informed the company's board of directors that he will retire from the Board, effective November 8, 2018.

Wilder joined the Board in February 2017 and served on the Company's Business Review Committee, which was dissolved in July 2017, and Finance and Risk Management Committee. In connection with Wilder's resignation, the size of the Board will be reduced from eleven to ten members.

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