Other

Share Repurchase Program, Authorized, Amount

nVent Electric plc Share Repurchase Program, Authorized, Amount increased by 66.7% to $500.00M in Q2 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2022

How to read this metric

Higher authorization levels signal management confidence in the company's financial health and commitment to returning capital.

Detailed definition

This represents the total dollar value of common stock that the board of directors has authorized the company to repurch...

Peer comparison

Common among mature, cash-generative firms; peers often disclose this to signal capital return strategies.

Metric ID: other_stock_repurchase_program_authorized_amount1

Historical Data

2 periods
 Q2 '21Q2 '24
Value$300.00M$500.00M
QoQ Change—+66.7%
Range$300.00M – $500.00M

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Frequently Asked Questions

What is nVent Electric plc's share repurchase program, authorized, amount?
nVent Electric plc (NVT) reported share repurchase program, authorized, amount of $500.00M in Q2 2024.
What does share repurchase program, authorized, amount mean?
The total dollar amount authorized by the board for share buybacks.