Integer Holdings' board authorized a share repurchase program of up to $200 million of its outstanding common stock. The program will be funded primarily with cash on hand and free cash flows and has no expiration date, allowing the company to return value to shareholders while preserving flexibility for future investments.
The program reflects confidence in the company’s strategy and financial position. Management noted that the company’s recent performance supports this confidence, citing third‑quarter 2025 sales of $467.7 million, an 8 % year‑over‑year increase, and adjusted earnings per share of $1.79, up 25 % from a year earlier.
Integer Holdings reported full‑year 2024 sales of $1.717 billion, a 10 % increase from 2023. In October 2025 the company revised its 2025 sales outlook downward by $16 million, but still expects a 7 % to 8 % increase, with adjusted operating income projected to grow 12 % to 14 % and adjusted EPS 19 % to 21 %.
The company has recently appointed Payman Khales as President and CEO, succeeding Joseph Dziedzic. It has also completed acquisitions of Precision Coating and VSi Parylene to broaden its service offerings.
Management acknowledged that the company faces headwinds, including slower‑than‑anticipated adoption of new products and revised customer forecasts, which prompted the downward adjustment of the 2025 sales outlook. Despite these challenges, the board’s approval of the share repurchase program signals a continued commitment to returning capital to shareholders while maintaining strategic flexibility.
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