BuybackApr 15, 2026, 05:21 PM
Allegion Board Authorizes $500M Share Buyback
AI Summary
Allegion plc's Board of Directors has authorized the repurchase of up to $500 million of the company's ordinary shares. This action replenishes the funds available under its existing share repurchase program. The timing and method of these repurchases will be determined by management, considering factors like stock price and market conditions.
Key Highlights
- Board authorized up to $500 million for share repurchases.
- Funds replenished for the existing share repurchase program.
- Repurchases to be made in open market or privately negotiated transactions.
- Timing and manner at management's discretion.