ALLE · News · 20260807N

Capital Return Program

Allegion plc · 2026-08-07 · 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

• Allegion SVP Vincent Wenos sold 1,000 shares for $168,250, reducing his direct ownership by 7.64%. source
• Allegion plc's average stock price target was raised to $175.1 from $173.3 by 10 analysts, with forecasts ranging from $160 to $200 per share. source
• State Street Corporation disclosed a passive investment of 4,348,530 Allegion shares, representing a 5.1% stake, as of June 30, 2026. source
• The updated average price target of $175.1 suggests a potential 4% upside based on the recent closing price. source
• State Street reports shared voting power over 2,798,235 Allegion shares and shared dispositive power over 4,344,088 shares. source
• Analysts' average price target for Allegion is $164.75. source