Trimble Announces Share Repurchase Authorization

Rhea-AI Summary

Trimble (Nasdaq: TRMB) announced that its Board authorized the repurchase of up to $1.0 billion of common stock.

The new authorization replaces the prior authorization of up to $1.0 billion (of which $273 million remained as of the end of Q3 2025) and the prior remaining amount is cancelled. The repurchase program has no expiration date and allows purchases via accelerated share repurchases, open‑market transactions, privately negotiated transactions, block purchases, tender offers or other means. The program may be suspended, modified or discontinued at any time at the company’s discretion without prior notice.

Positive

• Board authorized repurchases up to $1.0 billion
• Repurchase authorization has no expiration date
• Authorization replaces prior $1.0 billion program

Negative

• Prior program's remaining $273 million was cancelled
• Repurchase program may be suspended, modified or discontinued at any time without notice

Key Figures

New repurchase authorization $1.0 billion Board‑approved common stock buyback with no expiration date

Prior authorization $1.0 billion Replaced and cancelled by new repurchase authorization

Remaining under prior plan $273 million Unused capacity at end of Q3 2025, now cancelled

Q3 2025 revenue $901.2 million Third quarter 2025 results from prior earnings release

Annualized recurring revenue $2.31 billion Record ARR reported for Q3 2025

YTD share repurchases $727.4 million Shares repurchased year‑to‑date as of Q3 2025

Q3 2025 GAAP EPS $0.46 Earnings per share reported in Q3 2025

Q3 2025 non‑GAAP EPS $0.81 Non‑GAAP earnings per share reported in Q3 2025

Market Reality Check

$82.27 Last Close

Volume Volume 992,168 vs 20‑day average 1,224,446 (about 19% below recent activity) normal

Technical Price 82.27 is trading above the 200‑day MA of 74.89, near the 52‑week high of 87.5

Peers on Argus

TRMB was roughly flat (-0.08%) while key peers like COHR (+4.57%), TDY (+2.65%) and KEYS (+1.33%) traded higher, indicating today’s setup is more stock‑specific than sector‑driven.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 10	AI strategy update	Positive	+1.0%	Showcased agentic AI platform and new capabilities at user conference.
Nov 05	Earnings and guidance	Positive	+2.5%	Reported Q3 2025 results and raised full‑year revenue and EPS guidance.
Oct 31	Brand partnership	Positive	+1.1%	Announced multi‑year global sponsorship with Liverpool FC, expanding brand reach.
Oct 23	Earnings call notice	Neutral	+0.9%	Scheduled Q3 2025 earnings call and webcast for investors.
Sep 25	Product integration	Positive	+0.1%	Integrated machine control with Vermeer pile drivers to automate solar farm work.

Pattern Detected

Recent news events, including earnings and strategic updates, have generally seen modest positive price reactions, suggesting a history of constructive responses to corporate developments.

Recent Company History

This announcement adds a new capital return element to Trimble’s recent string of operational and strategic updates. In Q3 2025, Trimble reported revenue of $901.2 million, record ARR of $2.31 billion, and raised full‑year guidance, which was followed by a 2.51% gain. The company has highlighted AI innovation and launched a high‑profile partnership with Liverpool FC, both drawing positive reactions. Automation advances with Vermeer also saw a small uptick. Today’s $1.0 billion repurchase authorization builds on prior buybacks and fits this constructive backdrop.

Market Pulse Summary

This announcement introduces a new $1.0 billion share repurchase authorization with no expiration date, replacing and cancelling a prior $1.0 billion program that had $273 million remaining. It follows Q3 2025 results that featured revenue of $901.2 million and ongoing buybacks. Investors may track how actively Trimble uses the authorization across methods such as accelerated repurchases and tender offers, alongside future earnings updates and insider trading disclosures.

Key Terms

accelerated share repurchase programs financial

"through accelerated share repurchase programs, open market transactions..."

An accelerated share repurchase program is a way for a company to buy back its own shares quickly, often within a short period. It typically involves a financial partner temporarily purchasing a large number of shares on behalf of the company, which are then gradually returned to the company’s treasury. This process allows the company to boost its stock price and earnings per share, making it important for investors tracking company performance.

open market transactions financial

"through accelerated share repurchase programs, open market transactions..."

Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.

block purchases financial

"privately negotiated transactions, block purchases, tender offers or other means."

A block purchase is a large, privately negotiated trade of shares or bonds executed between institutions or big investors outside the regular public market. Think of it like buying a pallet of goods at once instead of individual items; it lets buyers and sellers move big positions with less public price disruption, but it can still signal shifting ownership and affect market liquidity and investor perceptions of demand for the security.

tender offers financial

"privately negotiated transactions, block purchases, tender offers or other means."

A tender offer is a proposal by one company or individual to buy shares from existing owners of a company at a specified price within a certain time frame. It matters to investors because it can lead to changes in company ownership or control, potentially affecting the value of their investments. Essentially, it’s a way for someone to try to purchase a large portion of a company’s stock directly from shareholders.

AI-generated analysis. Not financial advice.

WESTMINSTER, Colo., Dec. 5, 2025 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced today that the Board of Directors authorized the repurchase of up to $1.0 billion in shares of the Company's common stock. The stock repurchase authorization does not have an expiration date and replaces the prior authorization of up to $1.0 billion, of which $273 million was remaining as of the end of the third quarter of 2025, but is now cancelled.

Under the stock repurchase program, the Company may repurchase shares of the Company's common stock from time to time, through accelerated share repurchase programs, open market transactions, privately negotiated transactions, block purchases, tender offers or other means. The program may be suspended, modified or discontinued at any time at the Company's discretion without prior notice.

About Trimble
Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it's helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.

FTRMB

View original content to download multimedia:https://www.prnewswire.com/news-releases/trimble-announces-share-repurchase-authorization-302633706.html

SOURCE Trimble

FAQ

What did Trimble (TRMB) announce on December 5, 2025 about share repurchases?

Trimble announced the Board authorized repurchases of up to $1.0 billion of common stock.

Does Trimble's (TRMB) new buyback authorization expire?

No; the repurchase authorization has no expiration date.

What happened to the prior Trimble (TRMB) repurchase authorization and its remaining balance?

The new authorization replaces the prior $1.0 billion authorization, and the prior program's remaining $273 million was cancelled.

How may Trimble (TRMB) execute the authorized share repurchases?

Repurchases may occur via accelerated share repurchases, open‑market transactions, privately negotiated transactions, block purchases, tender offers or other means.

Can Trimble (TRMB) stop or change the repurchase program after December 5, 2025?

Yes; the company said the program may be suspended, modified or discontinued at any time at its discretion without prior notice.