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Mirion Technologies approves $250M buyback plan

Mirion Technologies, Inc. (MIR) announced that its Board of Directors approved a new 2026 share repurchase program authorizing the repurchase of up to $250 million of outstanding Class A common stock.

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Mirion Technologies, Inc. (MIR) announced that its Board of Directors approved a new 2026 share repurchase program authorizing the repurchase of up to $250 million of outstanding Class A common stock. The program is effective August 31, 2026 and will continue through August 31, 2031, unless earlier terminated or suspended.

In the third quarter of 2026, Mirion repurchased approximately 2.6 million Class A shares for approximately $40 million, substantially completing its prior $100 million repurchase program. Future repurchases under the 2026 program may be made via open market, privately negotiated, or block transactions, subject to market conditions, debt agreement terms, Rule 10b-18 and any Rule 10b5-1 trading plans, and may be suspended or terminated at any time.

Positive

  • Board approved a new $250 million Class A share repurchase authorization, extending potential buybacks through August 31, 2031.
  • Company repurchased approximately 2.6 million shares for about $40 million in Q3 2026, substantially completing its prior $100 million repurchase program.

Negative

  • None.

Filing Explained

The $250 million figure is an authorization ceiling, not a commitment: the company says it cannot predict whether, when, or at what prices it will repurchase shares, and future activity will be reported in Forms 10-Q and 10-K.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
2026 Repurchase Program authorization $250 million Maximum amount of Class A common stock repurchases authorized under the 2026 program
Repurchases in Q3 2026 2.6 million shares Approximate Class A shares repurchased in the third quarter of 2026
Repurchase spend in Q3 2026 $40 million Approximate cost of repurchasing 2.6 million Class A shares in Q3 2026
Prior repurchase program size $100 million Amount of the previous share repurchase program that was substantially completed
2026 Repurchase Program start date August 31, 2026 Effective date of the new share repurchase program
2026 Repurchase Program end date August 31, 2031 Scheduled expiration of the new repurchase program, unless earlier terminated or suspended
share repurchase program financial
"approved a new share repurchase program (the "2026 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.
Rule 10b-18 regulatory
"in accordance with applicable federal securities laws, including Rule 10b-18"
Rule 10b-18 is a regulation that sets strict rules for how a company's executives and employees can buy back their own company's stock from the market. It helps ensure that these buybacks happen in a fair and transparent way, reducing the chance of market manipulation. This is important for investors because it offers protection against unfair practices and promotes confidence in the integrity of the stock market.
Rule 10b5-1 trading plan regulatory
"including pursuant to any Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
forward-looking statements regulatory
"This contains forward-looking statements within the meaning of Section 21E"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What did Mirion Technologies (MIR) announce regarding share repurchases?

Mirion Technologies’ Board approved a new 2026 Repurchase Program authorizing up to $250 million of Class A common stock repurchases, effective August 31, 2026 and continuing through August 31, 2031, unless earlier terminated or suspended.

How large is Mirion Technologies' new 2026 Repurchase Program?

The new 2026 Repurchase Program authorizes Mirion Technologies to repurchase up to $250 million of its outstanding Class A common stock, with repurchases permitted from August 31, 2026 through August 31, 2031, subject to market and other conditions.

What recent buybacks has Mirion Technologies (MIR) completed?

In the third quarter of 2026, Mirion Technologies repurchased approximately 2.6 million shares of its Class A common stock for approximately $40 million, substantially completing its earlier $100 million share repurchase program.

How will Mirion Technologies execute the 2026 repurchases of MIR stock?

Under the 2026 Repurchase Program, Mirion may repurchase shares via open market purchases, privately negotiated transactions, block purchases or otherwise, in accordance with Rule 10b-18 and any applicable Rule 10b5-1 trading plans.

Can Mirion Technologies change or stop the 2026 Repurchase Program?

Yes. Mirion states that the 2026 Repurchase Program may be suspended or terminated at any time without prior notice, and that the timing and amount of any repurchases will depend on price, market conditions, debt agreement terms, and alternative investment opportunities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
FALSE000180998700018099872026-08-312026-08-31

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): August 31, 2026
Mirion Technologies, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware001-3935283-0974996
(State or Incorporation)(Commission File Number)(I.R.S. Employer Identification Number)
1218 Menlo Drive
Atlanta, Georgia 30318
(Address of Principal Executive Offices)
(770) 432-2744
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange
on which registered
Class A common stock, $0.0001 par value per shareMIRNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 8.01.     Other Events.

On August 31, 2026, the Board of Directors (the "Board") of Mirion Technologies, Inc. (the "Company") approved a new share repurchase program (the "2026 Repurchase Program") authorizing the repurchase of up to $250 million of the Company's outstanding Class A common stock. The 2026 Repurchase Program is effective as of August 31, 2026 and will continue through August 31, 2031, unless earlier terminated or suspended by the Company. In the third quarter of 2026, the Company repurchased approximately 2.6 million shares of its Class A common stock for approximately $40 million substantially completing its previous $100 million share repurchase program.

Under the 2026 Repurchase Program, the Company intends to repurchase shares through open market purchases, privately negotiated transactions, block purchases or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 under the Securities Exchange Act of 1934 (the “Exchange Act”). The Company cannot predict when or if, or at what prices, it will repurchase any shares of Class A common stock as such share repurchase program will depend on a number of factors, including constraints specified in any Rule 10b5-1 trading plans, price, general business and market conditions, the terms of the Company's debt agreements and alternative investment opportunities. Further, the 2026 Repurchase Program may be suspended or terminated at any time by the Company without prior notice. Information regarding share repurchases will be available in the Company’s periodic reports on Form 10-Q and 10-K filed with the Securities and Exchange Commission as required by the applicable rules of the Exchange Act.

This current report contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the 2026 Repurchase Program and purchases by the Company of its Class A common stock, including pursuant to any Rule 10b5-1 trading plan. Words such as “anticipate”, “believe”, “expect”, “intend”, “may”, "plan”, “will” and similar expressions are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. By their nature, these statements are subject to risks, uncertainties and assumptions, including changes in the price, volume and volatility of the Company's Class A common stock; adverse developments affecting the prices or trading of securities listed on the New York Stock Exchange; general business, market and economic conditions; the terms of the Company's debt agreements; alternative investment opportunities; and the other factors described under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's most recent Annual Report on Form 10-K and its subsequent Quarterly Reports on Form 10-Q and other filings the Company makes with the Securities and Exchange Commission (the "SEC") from time to time.

You should not place undue reliance on these forward-looking statements, which speak only as of the date of this current report and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances that exist after the date on which it was made.


Item 9.01.     Financial Statements and Exhibits.
(d) Exhibits
EXHIBIT INDEX
Exhibit
Number
Description
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 31, 2026

Mirion Technologies, Inc.
By:    /s/ Brian Schopfer    
Name:    Brian Schopfer
Title:    Chief Financial Officer

Filing Exhibits & Attachments

3 documents