TDG · 10-K · 2026A · Full report

Capital Return Program

TransDigm Group INC · 2026-11-10 · Importance 64 · Surprise 42 · Matches filing data

In November 2025, the Board authorized an additional $5.0 billion of repurchases under the existing stock repurchase program, which has no expiration date. During fiscal 2026, TransDigm repurchased 2,316,439 shares at an average $1,187.21 per share, spending $2,750 million. As of September 30, 2026, $3,038 million remained available under the authorization; fiscal 2026 dividend-equivalent payments were $59 million, while cash dividends declared per common share were zero.

Key facts

• In November 2025, TransDigm's Board authorized an additional $5.0 billion in common-stock repurchases under its existing program, which has no expiration date and is subject to restrictions in credit agreements and indentures. source
• In fiscal 2026, TransDigm repurchased 2,316,439 common shares at an average price of $1,187.21 per share for $2,750 million; $3,038 million remained available under the repurchase program at September 30, 2026. source
• Fiscal 2026 net income attributable to TD Group of $2,107 million was reduced by $59 million of dividend equivalent payments ($1.03 per share), resulting in $2,048 million of net income applicable to common stockholders. source
• TransDigm's cash-allocation priorities, when it has excess cash, are investment in existing businesses, acquisitions, special dividends and/or common-stock repurchases, and prepayment or repurchase of debt, in that order. source

Impact estimates