$LEA (LEAR) — 8-K: Lear Boosts Share Repurchase Authorization to $1.5 Billion Through 2029

Lear's Board approved increasing its share repurchase authorization to $1.5 billion and extending it until December 31, 2029. The new total authorization reflects approximately 26% of Lear's total market capitalization at current market prices. At the end of the second quarter 2026, Lear had approximately $600 million remaining on its prior authorization, which was set to expire on December 31, 2026. Since initiating the program in 2011 through the end of the second quarter 2026, Lear has repurchased 63.6 million shares for a total of $6.1 billion, reducing shares outstanding by approximately 60%.

Lear's Board approved increasing its share repurchase authorization to $1.5 billion and extending it until December 31, 2029. The new total authorization reflects approximately 26% of Lear's total mar