Dividends & Buybacks ·
Lear Corporation increases share repurchase authorization to $1.5 billion through December 2029
LEALear Corp
Lear Corporation's Board of Directors approved an increase to the share repurchase authorization to $1.5 billion and extended the program's term to December 31, 2029. At the end of the second quarter of 2026, approximately $600 million remained from the prior authorization expiring on that date. The new total authorization represents roughly 26% of the company's market capitalization at current prices. Since initiating the program in 2011, Lear has repurchased 63.6 million shares for a total of $6.1 billion, reducing outstanding shares by approximately 60%. This global automotive technology leader designs, manufactures, and delivers advanced seating and E-Systems to major automakers.