NVent Electric Board Approves $500 Mln Share Repurchase Program

rttnews
2026.05.16 13:40
portai
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nVent Electric plc (NVT) has approved a $500 million share repurchase program effective July 23, 2026, lasting three years. This is in addition to the existing authorization from July 2024, which has about $96 million remaining. As of March 31, 2026, there are approximately 162 million shares outstanding. NVT's stock closed at $169.01, down 2.85%.