BuybackMay 8, 2026, 06:07 AM
Itron Board Authorizes $200M Share Repurchase Program
AI Summary
Itron's Board of Directors authorized a new share repurchase program of up to $200 million of its common stock, effective May 8, 2026, over an 18-month period. Additionally, at its 2026 Annual Meeting of Shareholders, all three proposals presented were passed. Shareholders elected five directors, approved the advisory resolution on executive compensation, and ratified Deloitte & Touche LLP as the independent registered public accounting firm for the 2026 fiscal year.
Key Highlights
- Itron's Board authorized a new share repurchase program.
- The program is for up to $200 million of common stock.
- Repurchases will occur over an 18-month period, effective May 8, 2026.
- Five directors were elected at the 2026 Annual Meeting of Shareholders.
- Shareholders approved the advisory resolution on executive compensation.
- Deloitte & Touche LLP was ratified as the independent auditor for 2026.