nVent – nVent Announces Share Repurchase Authorization

LONDON–(BUSINESS WIRE)– nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that its Board of Directors has approved a 3-year share repurchase program pursuant to which the Company may repurchase up to $500 million of nVent shares. 

The program begins on July 23, 2024, upon the expiration of nVent’s current share repurchase program. As of March 31, 2024, the company had approximately 166 million common shares outstanding.

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