Motorola Solutions Inc. (NYSE: MSI) said its board of directors approved a $2 billion increase to the company’s share repurchase program.
The move raises the company’s total buyback authorization to $20 billion since the program began in July 2011. The repurchase plan has no expiration date.
At the end of the second quarter of 2026, approximately $600 million remained available under the previous $18 billion authorization, the company said.
Motorola Solutions stated it may continue to repurchase shares from time to time in the open market or through privately negotiated transactions, subject to market conditions.
Motorola Solutions provides safety and security technology solutions for communities, schools, hospitals, businesses and government entities, based in Chicago.
