APH · 10-Q · 2026Q3 · Full report
Stock Repurchase Program
AMPHENOL CORP /DE/ · 2026-10-30 · Importance 26 · Surprise 24 · Matches filing data
The existing 2024 Stock Repurchase Program authorizes up to $2,000.0 million of repurchases through April 28, 2027; the company expected to complete its remaining repurchases under that program by December 31, 2026. From October 1 through October 27, 2026, it repurchased 0.9 million shares for $74.6 million, leaving $165.9 million authorized as of October 28. On October 27, 2026, the Board approved a new program authorizing up to $4,000.0 million in purchases from January 1, 2027 through December 31, 2029. The new program may be suspended or discontinued, and repurchase timing and amounts will depend on cash generation, acquisition needs, dividends, economic and market conditions, and the share price.
Key facts
- On October 27, 2026, the Board authorized the 2027 Stock Repurchase Program for up to $4,000.0 of Common Stock from January 1, 2027 through December 31, 2029. source
- On April 23, 2024, the Board authorized the 2024 Stock Repurchase Program for up to $2,000.0 of Common Stock during the three-year period ending April 28, 2027; it became effective April 29, 2024. source
- In the first nine months of 2025, the Company redeemed $400.0 of 2.050% Senior Notes and paid $600.3 in dividends and $493.9 to repurchase Common Stock. source
- In the three and nine months ended September 30, 2026, the Company repurchased 3.0 million and 8.5 million shares for $244.7 and $630.6, respectively, under the 2024 Stock Repurchase Program. source
- In the first nine months of 2026, the Company paid $922.0 in dividends and repurchased $630.6 of Common Stock. source
- From October 1 through October 27, 2026, the Company repurchased 0.9 million additional shares for $74.6; as of October 28, 2026, $165.9 remained authorized under the 2024 Stock Repurchase Program. source
- Of the shares repurchased in the first nine months of 2026, 6.0 million shares, or $452.5, had been retired; the remainder were retained in Treasury stock at repurchase. source
- The Company expected to complete all remaining repurchases under the 2024 Stock Repurchase Program by December 31, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -3.6% | On October 27, 2026, the Board authorized the 2027 Stock Repurchase Program for up to $4,000.0 of Common Stock from January 1, 2027… |