---
title: "NVent Electric Board Approves $500 Mln Share Repurchase Program"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286646791.md"
description: "nVent Electric plc (NVT) has approved a $500 million share repurchase program effective July 23, 2026, lasting three years. This is in addition to the existing authorization from July 2024, which has about $96 million remaining. As of March 31, 2026, there are approximately 162 million shares outstanding. NVT's stock closed at $169.01, down 2.85%."
datetime: "2026-05-16T13:40:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286646791.md)
  - [en](https://longbridge.com/en/news/286646791.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286646791.md)
---

# NVent Electric Board Approves $500 Mln Share Repurchase Program

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nVent Electric plc (NVT) announced that its board has approved a 3-year share repurchase program pursuant to which the company may repurchase up to $500 million of nVent shares effective on July 23, 2026. The program is in addition to nVents existing authorization approved in July 2024, which expires July 23, 2027.

nVent said it has approximately $96 million remaining under the July 2024 authorization. As of March 31, 2026, the company had approximately 162 million common shares outstanding.

NVT closed Friday's regular trading at $169.01 down $4.95 or 2.85%.

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