Dividends & Buybacks ·
RB Global announced that its board authorized a $500 million increase to its existing share repurchase program…
RBARB Global Inc.
RB Global announced that its board authorized a $500 million increase to its existing share repurchase program, raising the total authorization from $500 million to $1 billion. The Toronto Stock Exchange approved the amendment, allowing the company to repurchase up to 14,224,129 shares, representing approximately 10% of the public float as of March 6, 2026. As of September 11, 2026, RB Global had repurchased 5,363,497 shares at an average price of $93.22 per share under the original program. The amendments are expected to become effective on September 17, 2026, and the normal course issuer bid will terminate on March 17, 2027. RB Global operates as a leading omnichannel marketplace providing value-added insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide.