ALLE · News · 20260804N
Capital Return Program
Allegion plc · 2026-08-04 · Importance 58 · Surprise 42 · In source text
Allegion’s board authorized a $500 million share repurchase program. The authorization was cited in multiple reports alongside the company’s second-quarter results, which included $2.40 EPS and $1.15 billion in revenue. The program increases Allegion’s capacity to return capital through buybacks, but the reports did not specify an expiration date or repurchase activity to date.
Key facts
- Allegion authorized a $500 million share repurchase program. source
- Cetera Investment Advisers reduced its stake in Allegion PLC by 25.3% in the first quarter, selling over 10,000 shares and still holding 31,084 shares valued at $4.5 million. source
- On August 1, 2026, Allegion plc withheld 11,292 Ordinary Shares at $156.73 per share from President and CEO John H. Stone to cover tax withholding obligations from a restricted stock unit award. source
- Institutional investors collectively own 92.21% of Allegion plc. source
- After the withholding, John H. Stone directly holds 136,161 Allegion Ordinary Shares. source
- Allegion PLC shares rose 2.47% on Monday, closing at $161.28. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Allegion authorized a $500 million share repurchase program. |