On April 15, 2026, Allegion plc's Board authorized a $500 million replenishment of funds for the repurchase of the Company's ordinary shares under its existing share repurchase program.
Key takeaways
Board authorized $500 million for share repurchases, replenishing the existing program's capacity.
Repurchases may occur in open market, accelerated, or privately negotiated transactions.
Management retains discretion over timing and manner based on stock price and market conditions.
Program allows for repurchases pursuant to Rule 10b5-1 trading plans.