Brink’s Announces New $750M Share Repurchase Authorization

Rhea-AI Summary

Brink's (NYSE:BCO) authorized a new $750 million share repurchase program, approved by the board on December 10, 2025 and effective through December 31, 2027. The company said the new authorization represents more than 15% of current market capitalization and is in addition to an existing $500 million program that expires December 31, 2025. Management cited expected increases in free cash flow and ongoing execution of its AMS/DRS growth strategy as support for the upsized buyback. Since 2022, the broader shareholder return program has retired over seven million shares and returned over $725 million through dividends and repurchases.

Positive

• New $750M share repurchase authorization
• Repurchase equals more than 15% of current market cap
• Board approved on Dec 10, 2025; expires Dec 31, 2027

Negative

• None.

Key Figures

New repurchase authorization $750 million Board-approved share repurchase program expiring December 31, 2027

Prior repurchase program $500 million Existing authorization expiring December 31, 2025

Market cap reference More than 15% New buyback represents more than 15% of current market capitalization

Capital returned Over $725 million Capital returned via dividends and repurchases since 2022

Shares retired Over seven million shares Shares retired through shareholder return program since 2022

Q3 2025 revenue $1.335B Reported in strong third-quarter 2025 results

Q3 AMS/DRS growth 19% organic Year-over-year organic growth in AMS/DRS for Q3 2025

Capital returned since 2022 $725 million Dividends and buybacks referenced in new authorization release

Market Reality Check

$117.19 Last Close

Volume Volume 267,469 is 8% above the 20-day average of 247,936, showing modestly elevated interest. normal

Technical Price at $117.19 is trading above the 200-day MA of $99.23, reflecting a pre-news upward trend.

Peers on Argus

BCO’s pre-news gain of 2.33% outpaced most peers, with BRC up 2.1%, ADT up 1.25%, MSA up 0.62%, GEO up 0.3%, and CXW down 1.01%, suggesting a more company-specific bid.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 05	Q3 2025 earnings	Positive	+7.5%	Strong Q3 growth, margin expansion, and higher free cash flow guidance.
Oct 15	Earnings call scheduling	Neutral	+0.2%	Announcement of Q3 2025 earnings release and conference call timing.
Sep 17	Dividend declaration	Positive	-0.1%	Board declared a quarterly dividend of <b>$0.255</b> per share.
Aug 06	Q2 2025 earnings	Positive	+12.8%	Q2 results exceeded guidance with strong profit growth and free cash flow.
Jul 16	Earnings call scheduling	Neutral	+0.7%	Set date and access details for Q2 2025 earnings release and call.

Pattern Detected

Strong earnings and capital return announcements have generally led to positive price reactions, with only a minor divergence on a recent dividend declaration.

Recent Company History

Over the last six months, Brink’s reported strong Q2 and Q3 2025 results, including Q3 revenue of $1.335B, 6% YoY growth, and 19% organic AMS/DRS growth, alongside higher margins and improved free cash flow. The company has actively returned capital via dividends and share repurchases, including a quarterly dividend of $0.255 per share and Q2 buybacks of $85M. Prior earnings beats produced sizable positive moves, indicating the market has rewarded Brink’s execution and shareholder return actions ahead of this new buyback authorization.

Market Pulse Summary

This announcement highlighted a new $750M share repurchase authorization running through December 31, 2027, on top of an existing $500M program expiring in 2025. Management emphasized alignment with rising free cash flow and an AMS/DRS growth strategy, noting over $725M returned and more than seven million shares retired since 2022. Investors may watch future earnings, cash generation, and actual buyback pace relative to these commitments.

Key Terms

share repurchase program financial

"today announced the authorization of a new share repurchase program."

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

free cash flow financial

"aligns with our expected increase in free cash flow generation as we continue"

Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.

market capitalization financial

"program representing more than 15% of our current market capitalization."

Market capitalization is the total market value of a company’s outstanding shares, calculated by multiplying the current share price by the number of shares issued. It gives a quick snapshot of a company’s size and how investors value it, influencing perceived risk, index membership, and roughly how much it might cost to buy the whole company — like using a sticker price to compare the relative size and price of different houses.

capital allocation framework financial

"execute our AMS/DRS growth strategy and diligently follow our capital allocation framework."

A capital allocation framework is a set of guiding principles that a company uses to decide how to distribute its financial resources among various needs, such as investing in growth, paying dividends, or reducing debt. It helps ensure that the company's money is used efficiently to create value over time. For investors, understanding this framework offers insight into how a company plans to grow and manage its finances sustainably.

AI-generated analysis. Not financial advice.

RICHMOND, Va., Dec. 11, 2025 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions “DRS”, and ATM managed services “AMS”, today announced the authorization of a new share repurchase program.

Mark Eubanks, Brink’s President and CEO said: “Supported by our track-record of consistent performance and our expectations for the coming years, our board has authorized a new share repurchase program representing more than 15% of our current market capitalization. The new upsized authorization aligns with our expected increase in free cash flow generation as we continue to execute our AMS/DRS growth strategy and diligently follow our capital allocation framework. We look forward to continuing the success of our broader shareholder return program that has retired over seven million shares and returned over $725 million in capital through dividends and share repurchases since 2022.”

The new $750 million authorization was approved by the Brink’s Board of Directors on December 10, 2025, and will expire on December 31, 2027. The new authorization is in addition to the previous $500 million program which expires December 31, 2025.

About The Brink’s Company
The Brink’s Company (NYSE:BCO) is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. Our customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. Our network of operations in 51 countries serves customers in more than 100 countries. For more information, please visit our website at www.brinks.com or call 804-289-9709.

Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "assume," "estimate," "expect," “target,” "project," "predict," "intend," "plan," "believe," "potential," "may," "should" and similar expressions are based on current expectations and assumptions and are subject to risks, uncertainties and contingencies, many of which are beyond our control and difficult to predict or quantify, and which could cause actual results to differ materially from those that are anticipated. The risks, uncertainties, contingencies and factors that could cause our results to differ materially from those described in this release can be found under "Risk Factors" in Item 1A of our Annual Report on Form 10-K for the period ended December 31, 2024, as well as in subsequent filings with the Securities and Exchange Commission. The forward-looking information included in this release is representative only as of the date of this document and The Brink's Company undertakes no obligation to update, revise or clarify any information contained in this document or forward-looking statements that may be made from time to time on our behalf, whether as a result of new information, future events or otherwise, except as required by law.

Contact:
Investor Relations
804.289.9709

FAQ

What did Brink's (BCO) announce on December 11, 2025 about buybacks?

Brink's announced a new $750 million share repurchase authorization approved Dec 10, 2025.

How large is the new Brink's (BCO) buyback relative to market cap?

Company said the authorization represents more than 15% of its current market capitalization.

When does Brink's (BCO) $750M repurchase authorization expire?

The new authorization expires on December 31, 2027.

Is the $750M authorization replacing Brink's prior $500M program (BCO)?

No; the $750M is in addition to the prior $500 million program, which expires Dec 31, 2025.

How much capital has Brink's returned since 2022 through buybacks and dividends?

Brink's has returned over $725 million and retired over seven million shares since 2022.

Why did Brink's (BCO) board approve the larger buyback authorization?

The company cited expectations of increased free cash flow and execution of its AMS/DRS growth strategy.