CooperCompanies Announces Expanded Share Repurchase Program
CooperCompanies (Nasdaq: COO) has announced a significant expansion of its share repurchase program, with the Board of Directors approving a $1 billion increase, bringing the total program to $2 billion.
CEO Al White emphasized that this decision reflects the company's strong balance sheet, robust cash flow generation, and the Board's confidence in Cooper's long-term growth prospects. The program will be executed through open market or private purchases, with timing and amount dependent on market conditions. The program has no expiration date but can be suspended or discontinued at any time.
CooperCompanies (Nasdaq: COO) ha annunciato una significativa espansione del suo programma di riacquisto azionario, con il Consiglio di Amministrazione che ha approvato un incremento di 1 miliardo di dollari, portando il totale del programma a 2 miliardi di dollari.
Il CEO Al White ha sottolineato che questa decisione riflette la solida situazione patrimoniale dell'azienda, la robusta generazione di flussi di cassa e la fiducia del Consiglio nelle prospettive di crescita a lungo termine di Cooper. Il programma sarà eseguito tramite acquisti sul mercato aperto o privatamente, con tempistica e importo dipendenti dalle condizioni di mercato. Il programma non ha una data di scadenza, ma può essere sospeso o interrotto in qualsiasi momento.
CooperCompanies (Nasdaq: COO) ha anunciado una expansión significativa de su programa de recompra de acciones, con la Junta Directiva aprobando un aumento de 1.000 millones de dólares, llevando el total del programa a 2.000 millones de dólares.
El CEO Al White señaló que esta decisión refleja la sólida situación de la empresa, la robusta generación de flujo de caja y la confianza de la Junta en las perspectivas de crecimiento a largo plazo de Cooper. El programa se ejecutará mediante compras en el mercado abierto o de forma privada, y su temporización y monto dependerán de las condiciones del mercado. El programa no tiene fecha de vencimiento, pero puede ser suspendido o cancelado en cualquier momento.
CooperCompanies (Nasdaq: COO)은 주주환원 프로그램의 대폭 확장을 발표했습니다. 이사회가 10억 달러의 증액을 승인해 총 프로그램을 20억 달러로 확대했습니다.
CEO인 Al White는 이 결정이 회사의 건전한 재무구조, 탄탄한 현금흐름 창출, 그리고 이사회가 Cooper의 장기 성장 전망에 대한 신뢰를 반영한다고 강조했습니다. 본 프로그램은 공개시장매입이나 비공개 매입을 통해 실행되며, 시기와 규모는 시장 상황에 따라 달라집니다. 이 프로그램에는 만료일이 없지만 언제든 중단되거나 중단될 수 있습니다.
CooperCompanies (Nasdaq: COO) a annoncé une expansion significative de son programme de rachat d'actions, le conseil d'administration ayant approuvé une augmentation de 1 milliard de dollars, portant le total du programme à 2 milliards de dollars.
Le PDG Al White a souligné que cette décision reflète la solidité du bilan de l'entreprise, une génération de flux de trésorerie robuste et la confiance du conseil dans les perspectives de croissance à long terme de Cooper. Le programme sera exécuté soit par des achats sur le marché libre, soit par des achats privés, la synchronisation et le montant dépendant des conditions du marché. Le programme n'a pas de date d'expiration mais peut être suspendu ou interrompu à tout moment.
CooperCompanies (Nasdaq: COO) hat eine signifikante Erweiterung seines Aktienrückkaufprogramms angekündigt; der Vorstand hat eine Erhöhung um 1 Milliarde Dollar genehmigt, wodurch das Gesamtprogramm auf 2 Milliarden Dollar anwächst.
Der CEO Al White betonte, dass diese Entscheidung auf die starke Bilanz, die robuste Cashflow-Generierung und das Vertrauen des Vorstands in Coopers langfristige Wachstumsaussichten hinweist. Das Programm wird durch Käufe am offenen Markt oder privat durchgeführt, wobei Timing und Höhe von den Marktbedingungen abhängen. Das Programm hat kein Enddatum, kann jedoch jederzeit ausgesetzt oder eingestellt werden.
CooperCompanies (Nasdaq: COO) أعلنت عن توسيع كبير لبرنامج إعادة شراء الأسهم، وبموافقة مجلس الإدارة على زيادة قدرها مليار دولار ليصبح إجمالي البرنامج 2 مليار دولار.
وأوضح الرئيس التنفيذي أيل وايت أن هذا القرار يعكس الوضع القوي للميزانية لدى الشركة، والقدرة القوية على توليد التدفقات النقدية، وثقة المجلس في آفاق نمو Cooper على المدى الطويل. سيتم تنفيذ البرنامج من خلال الشراء في السوق المفتوح أو بشكل خاص، مع أن توقيت ومقدار الشراء يعتمد على ظروف السوق. البرنامج ليس له تاريخ انتهاء، ولكنه يمكن تعليقه أو إيقافه في أي وقت.
CooperCompanies（纳斯达克：COO）宣布大幅扩展回购计划。董事会批准增加
CEO Al White 强调，这一决定反映了公司强劲的资产负债表、稳健的现金流以及董事会对 Cooper 长期增长前景的信心。该计划将通过在公开市场购买或私下购买来执行，时间和金额将取决于市场条件。该计划没有到期日，但可在任何时候暂停或终止。
- None.
- No commitment to acquire any specific amount of shares
- Program can be suspended or discontinued at any time
SAN RAMON, Calif., Sept. 17, 2025 (GLOBE NEWSWIRE) -- CooperCompanies (Nasdaq: COO), a leading global medical device company, announced today its Board of Directors has approved a
“We are pleased to announce that our Board of Directors has authorized an increase to our share repurchase program,” said Al White, President and Chief Executive Officer. “This decision underscores the strength of our balance sheet and cash flow generation, and reflects the Board’s continued confidence in Cooper’s long-term growth trajectory. Returning capital to our shareholders through share repurchases—while continuing to invest and reduce debt—remains aligned with our disciplined capital allocation strategy and commitment to enhancing shareholder value.”
The timing and total amount of share repurchases will depend on market conditions and may be made from time to time in open market purchases or privately negotiated purchases. This program has no termination date, may be suspended or discontinued at any time and does not obligate the company to acquire any amount of common stock.
About CooperCompanies
CooperCompanies (Nasdaq: COO) is a leading global medical device company focused on helping people experience life’s beautiful moments through its two business units, CooperVision and CooperSurgical. CooperVision is a trusted leader in the contact lens industry, helping to improve the way people see each day. CooperSurgical is a leading fertility and women’s healthcare company dedicated to putting time on the side of women, babies, and families at the healthcare moments that matter most. Headquartered in San Ramon, CA, CooperCompanies has a workforce of more than 16,000, sells products in over 130 countries, and positively impacts over fifty million lives each year. For more information, please visit www.coopercos.com.
Forward-Looking Statements
This press release contains "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995 including, among others, statements regarding the company’s plans to repurchase shares of its common stock. Forward-looking statements necessarily depend on assumptions, data or methods that may be incorrect or imprecise and are subject to risks and uncertainties. Among the factors that could cause actual results and future actions to differ materially from those described in these forward-looking statements include: global political and economic conditions; changes in our financial priorities based on evolving business strategies and requirements; and other factors described in CooperCompanies’ Securities and Exchange Commission filings, including the “Business”, “Risk Factors” and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections in CooperCompanies’ Annual Report on Form 10-K for the fiscal year ended October 31, 2024, as such Risk Factors may be updated in annual and quarterly filings. CooperCompanies cautions investors that forward-looking statements reflect Cooper’s analysis only on their stated date. CooperCompanies disclaims any intent to update them except as required by law.
Contact:
Kim Duncan
Vice President, Investor Relations and Risk Management
925-460-3663
ir@cooperco.com
FAQ
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