BuybackMay 13, 2026, 07:07 AM
Ralliant Launches $100M Accelerated Share Repurchase Program
AI Summary
Ralliant Corporation announced it has entered into an Accelerated Share Repurchase (ASR) program to repurchase $100 million of its outstanding common stock. This program is part of the company's previously approved share repurchase authorization. The total number of shares to be repurchased will be determined upon final settlement, based on the average daily volume-weighted average prices during the program's term, which is expected to conclude by the end of the second quarter of 2026.
Key Highlights
- Ralliant Corp initiated an Accelerated Share Repurchase (ASR) program.
- The ASR program is for an aggregate of $100 million of common stock.
- Repurchased shares will be based on the average daily Rule 10b-18 volume-weighted average prices.
- The program is expected to be executed over the second quarter of 2026.
- Final settlement for the ASR program is anticipated by the end of Q2 2026.