Trimble announces new $1B stock repurchase program

Trimble (TRMB) announced that the board of directors authorized the repurchase of up to $1B in shares of the company’s common stock. The stock repurchase authorization does not have an expiration date and replaces the prior authorization of up to $1B, of which $273M was remaining as of the end of the third quarter of 2025, but is now cancelled.