MSA Safety Incorporated announced that its Board of Directors approved a new share repurchase program authorizing up to $500 million of the company’s common stock. This new program, approved on February 20, 2026, replaces the prior $200 million authorization from 2024 and has no termination date.
Repurchases may occur at the company’s discretion through open market purchases, block trades, privately negotiated transactions and trading plans under Rules 10b5-1 and 10b-18. The company is not obligated to repurchase a specific number of shares and may modify, suspend or discontinue the program at any time.
Management highlighted MSA Safety’s long-standing cash generation record and reiterated its expectation of annual free cash flow conversion in the 90–100% range as it advances its Accelerate growth strategy. The company reported 2025 revenues of $1.9 billion and employs approximately 5,300 people across more than 40 international locations.
MSA Safety Inc Chief Accounting Officer Jonathan D. Buck reported two stock transactions. On February 17, 2026, he made a bona fide gift transfer of 100 shares of common stock at $0.00 per share and completed an open‑market sale of 1,100 shares at $203.48 per share. After these transactions, he directly owned 3,234 shares of MSA Safety common stock.
MSA Safety Incorporated reported 2025 net sales of $1.87 billion, up 3.7% from $1.81 billion in 2024, reflecting modest overall growth. The Americas segment generated $1.26 billion of sales, up 1.2%, while the International segment rose 9.2% to $613.0 million.
Organic sales increased 0.7% company-wide, led by growth in detection products and industrial PPE, partially offset by softer fire service demand tied to U.S. grant timing and European budget shifts. The 2025 acquisition of M&C TechGroup, valued at about $189 million, added $40.9 million of sales across both segments.
Corporate expenses declined to $43.4 million from $50.4 million, aided by lower professional fees and variable compensation. The company highlights its MSA Business System, continued R&D investment, and a broad risk profile that includes product liability, regulatory, cybersecurity, macroeconomic, and international operating risks.
MSA Safety reported steady 2025 growth with net sales of about $1.9 billion, up 4%, and GAAP net income of $279 million, or $7.09 per diluted share. Adjusted earnings were $312 million, or $7.93 per diluted share, as margins softened modestly.
Fourth-quarter net sales were $511 million, with adjusted diluted EPS of $2.38, up 6% year-over-year. Free cash flow reached $295 million, up 22%, supporting $162 million returned to shareholders and the $189 million M&C TechGroup acquisition. Net leverage was low at 0.9x, and the company targets mid-single digit organic sales growth in 2026.
MSA Safety Incorporated reported that David J. Howells, Senior Vice President and President of MSA International, has notified the company of his intention to retire effective June 30, 2026. Rather than appointing a direct successor, the company plans to distribute his responsibilities among senior personnel within the MSA International business segment.
These senior leaders will manage the segment and report directly to the Chief Executive Officer, signaling a shift toward a more distributed leadership model for the international operations while maintaining direct oversight at the CEO level.
MSA Safety Inc reported an insider stock transaction by a director. On 12/12/2025, the director disposed of 9,634 shares of common stock (no par value) at a reported price of $0.0000, identified with transaction code "G." Following this transaction, the director beneficially owned 34,727 common shares directly. The filing also shows additional indirect holdings of 13,500 shares held by a GRAT associated with the director’s wife and 40,250 shares held by the wife. This gives a clearer picture of the director’s remaining ownership stake after the reported disposition.
MSA Safety Inc. reported that one of its directors acquired additional company stock in a routine insider transaction. On 12/10/2025, the director acquired 8.839 shares of MSA Safety common stock at a stated price of $0.0000 per share, which likely reflects a stock-based award or similar equity grant rather than an open-market purchase. Following this transaction, the director beneficially owns 8,030.682 shares of MSA Safety common stock in direct ownership. The filing is a standard Form 4 disclosure of insider holdings and does not indicate any change in control or major corporate event.
MSA Safety Inc. director reported a small increase in company stock ownership. On 12/10/2025, the reporting person acquired 15.064 shares of MSA Safety common stock at a price of $0.0000 per share. Following this transaction, the director beneficially owns a total of 4,526.4175 shares of MSA Safety common stock, held directly. This filing is a routine Form 4 disclosure of insider holdings and activity.
MSA Safety Inc. director reported a routine equity grant. On December 10, 2025, the reporting person acquired 19.564 shares of MSA Safety common stock at a price of $0.0000 per share, reflecting a non-cash award rather than an open-market purchase. Following this transaction, the director beneficially owned a total of 7,402.332 shares held directly.
MSA Safety Inc. reported a small insider share acquisition by a director. On 12/10/2025, the director acquired 19.564 shares of MSA Safety common stock at a stated price of $0.0000 per share, indicating a non-cash transaction such as a grant or similar award. Following this transaction, the director directly beneficially owns 41,732.327 shares of common stock. The filing is made on Form 4 by a single reporting person in the capacity of director, reflecting a routine update to insider ownership records.