Trimble Approves New $1B Stock Buyback, Canceling Its Previous $1B Plan With $273M Left

Trimble® (NASDAQ:TRMB) announced today that the Board of Directors authorized the repurchase of up to $1.0 billion in shares of the Company's common stock. The stock repurchase authorization does not have an expiration date and replaces the prior authorization of up to $1.0 billion, of which $273 million was remaining as of the end of the third quarter of 2025, but is now cancelled.

Under the stock repurchase program, the Company may repurchase shares of the Company's common stock from time to time, through accelerated share repurchase programs, open market transactions, privately negotiated transactions, block purchases, tender offers or other means. The program may be suspended, modified or discontinued at any time at the Company's discretion without prior notice.