Lear boosts share repurchase authorization to $1.5 billion, extends program to Dec. 31, 2029
Bitget2026/09/24 20:16- Lear board action increased the share repurchase authorization to USD 1.5 billion.
- Authorization period extended to Dec. 31, 2029.
- About USD 600 million remained under the prior authorization at end of Q2 2026, which had been set to expire Dec. 31, 2026.
- Since 2011 through Q2 2026, repurchased 63,600,000 shares for USD 6.1 billion, cutting shares outstanding by about 60%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
WikiLeaks Founder Julian Assange Welcomes Daughter With Terminator Quote
Crypto prices
More
