What changed
The new authorization brings aggregate share repurchase capacity to approximately $561 million, including the existing authorization. Since initiating its share repurchase program in 2019, the company has returned approximately $679 million to shareholders through share repurchases. The authorization has no expiration date and may be executed through open market transactions, privately negotiated transactions, Rule 10b5-1 trading plans, or other permissible means.
Why it matters
The new authorization brings aggregate share repurchase capacity to approximately $561 million, including the existing authorization. Since initiating its share repurchase program in 2019, the company
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Oct 13, 2026 08:03 PM ET