Otis Worldwide Share Repurchase Program, Authorized, Amount remained flat by 0.0% to $2.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $2.00B to $2.00B. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher authorization levels signal management confidence in the company's financial health and commitment to returning capital.
This represents the total dollar value of common stock that the board of directors has authorized the company to repurch...
Common among mature, cash-generative firms; peers often disclose this to signal capital return strategies.
other_stock_repurchase_program_authorized_amount1| Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|
| Value | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% |