Steris authorizes $1B for stock buybacks

How big is it?

Steris bought back $340M of stock in the twelve months to Jun 30, 2026. At that pace, $1.0B covers about 2.9 years of buybacks.

The amount equals 108% of its free cash flow over the same twelve months ($926M).

Its diluted share count is down 0.9% 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.

Full Steris buyback record →