IR · 8-K · 20261029PR068260
Capital Allocation
Ingersoll Rand Inc. · 2026-10-29 · Importance 64 · Surprise 42 · No source text
The board authorized a $2 billion increase to the share repurchase program, in addition to $313 million remaining under the existing authorization, with no expiration date. In the third quarter, the company repurchased $350 million of shares and paid an $8 million quarterly dividend, returning approximately $358 million to shareholders. It deployed $90 million to M&A during the quarter, including the previously announced acquisition of Lone Star Blower, Inc. The company also expected to close an acquisition of a U.S.-based pump manufacturer on October 30, 2026; no purchase price was disclosed.
Key facts
- The Board authorized a $2 billion increase to Ingersoll Rand's share repurchase program, incremental to $313 million remaining under the existing authorization. source
- In Q3 2026, Ingersoll Rand returned approximately $358 million to shareholders: $350 million in share repurchases and $8 million through its quarterly dividend payment. source
- Ingersoll Rand's share repurchase authorizations have no expiration date. source
- The increased share repurchase authorization gives Ingersoll Rand flexibility for additional opportunistic repurchases over the short and medium term. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | The Board authorized a $2 billion increase to Ingersoll Rand's share repurchase program, incremental to $313 million remaining under the… |
| cash | negative | realized | — | In Q3 2026, Ingersoll Rand returned approximately $358 million to shareholders: $350 million in share repurchases and $8 million through… |