nVent Electric (NVT) announced that its Board of Directors has approved a 3-year share repurchase program pursuant to which the Company may repurchase up to $500M of nVent shares effective on July 23, 2026. The program is in addition to nVent’s existing authorization approved in July 2024, which expires July 23, 2027. nVent has approximately $96M remaining under the July 2024 authorization. As of March 31, 2026, the company had approximately 162M common shares outstanding.
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