Garrett Motion announces $250M share repurchase program for 2026

Garrett Motion (GTX) announced that its Board of Directors has approved a new share repurchase program for calendar year 2026, authorizing the company to repurchase up to $250M of the company’s outstanding common stock. This new program will commence on January 1, 2026, following the scheduled expiration of Garrett’s current share repurchase program on December 31, 2025. “Returning capital to shareholders remains a cornerstone of Garrett’s financial framework,” said Oliver Rabiller, President and CEO Garrett. “Our strong cash flow generation enables us to invest in advanced turbocharging and zero-emission technologies while aiming to return 75% of our Adjusted Free Cash Flow to shareholders over time through dividends and share repurchases.”