OTIS · 10-Q · 2026Q3 · Full report
Capital Return Program
Otis Worldwide Corp · 2026-10-29 · Importance 50 · Surprise 24 · Matches filing data
The January 16, 2025 share repurchase authorization permits up to $2.0 billion of common-stock repurchases, with approximately $500 million remaining at September 30, 2026. Otis repurchased $807 million of common stock during the first nine months of 2026. In that period, the company paid $498 million in common-stock dividends and $44 million in dividends to noncontrolling shareholders. Common-stock repurchases were $809 million and common dividends were $483 million in the comparable 2025 period.
Key facts
- Otis's January 16, 2025 share repurchase authorization permits repurchases of up to $2.0 billion of common stock, with approximately $500 million remaining as of September 30, 2026. source
- Otis repurchased $807 million of common stock and paid $498 million in common-stock dividends and $44 million to noncontrolling shareholders during the nine months ended September 30, 2026. source
- Otis repurchased $809 million of common stock and paid $483 million in common-stock dividends during the nine months ended September 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -7.1% | Otis repurchased $807 million of common stock and paid $498 million in common-stock dividends and $44 million to noncontrolling… |
| cash | negative | realized | -4.4% | Otis repurchased $807 million of common stock and paid $498 million in common-stock dividends and $44 million to noncontrolling… |
| cash | negative | committed | -3.8% | Otis's January 16, 2025 share repurchase authorization permits repurchases of up to $2.0 billion of common stock, with approximately $500… |
| cash | negative | realized | -0.4% | Otis repurchased $807 million of common stock and paid $498 million in common-stock dividends and $44 million to noncontrolling… |