Hubbell (HUBB) said late Wednesday that its board approved a new share repurchase authorization of up to $500 million.
The new program, which will expire in February 2028, is in addition to the company's existing repurchase program set to expire in October 2025.
The company said $260 million remained under the existing program as of Dec. 31.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.