What changed
The Board of Directors approved the 2026 Share Repurchase Program on October 26, 2026, authorizing repurchases of up to $500 million of common stock. Purchases may be made through open market, block, or privately negotiated transactions, including under Rule 10b5-1 and Rule 10b-18 plans. No time limit was set for completion, and the program may be suspended or discontinued at any time. The filing also furnished the company's earnings release for the fiscal quarter ended October 3, 2026.
Why it matters
The Board of Directors approved the 2026 Share Repurchase Program on October 26, 2026, authorizing repurchases of up to $500 million of common stock. Purchases may be made through open market, block,