Gentex Corporation announced that its Board of Directors has authorized an additional share repurchase of up to 40 million shares of the company’s common stock. This new authorization is in addition to the existing share repurchase program.
The newly authorized repurchase represents more than 18% of the company’s outstanding shares as of June 30, 2025. With this authorization, Gentex now has approximately 40.6 million shares available for repurchase under its plan.
This move underscores Gentex's commitment to its capital allocation strategy and returning value to shareholders. The company intends to continue repurchasing shares, taking into account macroeconomic issues, market trends, and other relevant factors.
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