Brink's Announces New $750M Share Repurchase Authorization

Core Viewpoint - The Brink's Company has announced a new share repurchase program, reflecting confidence in its financial performance and future cash flow generation [2]. Group 1: Share Repurchase Program - The new share repurchase program is authorized for $750 million, representing more than 15% of the company's current market capitalization [2]. - This new authorization is in addition to a previous $500 million program that is set to expire on December 31, 2025 [2]. - The new program is expected to expire on December 31, 2027 [2]. Group 2: Financial Performance and Strategy - Brink's has a track record of consistent performance and anticipates an increase in free cash flow as it continues to execute its ATM managed services and digital retail solutions growth strategy [2]. - Since 2022, the company has retired over seven million shares and returned over $725 million in capital through dividends and share repurchases [2]. Group 3: Company Overview - The Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, serving customers in over 100 countries [3]. - Its customer base includes financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations [3].