ALLE · News · 20260805N

Capital Return Program

Allegion plc · 2026-08-05 · Importance 58 · Surprise 42

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

• Lazard Asset Management LLC reduced its stake in Allegion PLC by 72.2% during the first quarter, selling 23,889 shares and now owning 9,203 shares valued at $1.34 million. source
• Allegion's Senior Vice President and Chief Financial Officer Mike Wagnes will discuss the company's long-term strategy at the 2026 Mizuho Industrials & Chemicals Conference on Wednesday, August 12 in New York City at the Mandarin Oriental. source
• Allegion PLC stock rose by 1.95% to $168.58 on Wednesday, marking the fourth consecutive day of gains. source