Block's ASX-listed shares climb on strong outlook, revised share repurchase plan

Block

20/11/2025 01:09

** ASX-listed shares of Block XYZ.AX rise as much as 14.3% to A$101.16, their biggest intraday pct gain since early April

** The payments firm expects FY26 adjusted EPS to grow more than 30% to $3.20

** Co expects adjusted EPS to grow in the low 30% range annually through 2028 to $5.50

** Also announces a $5 billion increase to its share repurchase programme

** Stock top gainer in ASX 200 benchmark index .AXJO

** As of last close, stock was down 37.2% YTD

 (Reporting by Himanshi Akhand in Bengaluru)

 ((Himanshi.Akhand@thomsonreuters.com;))