Garrett Motion Reports Third-Quarter 2026 Results, Announces $250 Million Buyback
Garrett Motion reported third-quarter 2026 results and announced a $250 million share repurchase program for 2027.
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10:57:04 AM UTC
SquawkNews
Garrett Motion reported Q3 2026 net sales of $930M (+3% YoY) and net income of $97M ($77M prior), reaffirmed its 2026 mid-point outlook, declared a $0.08 dividend, made a $50M early term-loan repayment, and authorized up to $250M in share repurchases for 2027.Material DetailsContext by AI AnalystTh…
Third Quarter 2026 Financial HighlightsThird Quarter 2026 Business HighlightsPLYMOUTH, Mich. and ROLLE, Switzerland, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Garrett Motion Inc. NASDAQ:GTX (“Garrett” or the “Company”), a leading automotive and industrial technology provider, today announced its financial…