8-K filed Oct 28, 2025
Carrier Global authorizes $5B for stock buybacks
“Carrier’s Board Approves $5 Billion Share Repurchase Authorization”
From Carrier Global’s 8-K filed Oct 28, 2025 · read the filing · all documents
How big is it?
Carrier Global bought back $1.9B of stock in the twelve months to Mar 31, 2026. At that pace, $5.0B covers about 2.6 years of buybacks.
The amount equals 297% of its free cash flow over the same twelve months ($1.7B).
Its diluted share count is down 4.0% from a year earlier.
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q2 '23 | $0 |
| Q3 '23 | $0 |
| Q4 '23 | $0 |
| Q1 '24 | $0 |
| Q2 '24 | $0 |
| Q3 '24 | $431M |
| Q4 '24 | $1.5B |
| Q1 '25 | $1.3B |
| Q2 '25 | $340M |
| Q3 '25 | $785M |
| Q4 '25 | $479M |
| Q1 '26 | $306M |