Simpson Manufacturing Co., Inc. Announces New $1.0 Billion Share Repurchase Authorization
Key Highlights
- ➤Simpson Manufacturing (SSD) authorizes $1.0 billion share repurchase program
- ➤New authorization supersedes prior $200.0 million authorization with no expiration date
- ➤Company repurchased approximately $165 million of stock through September 30, 2026
Expert Statements
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“We remain focused on a disciplined approach to capital allocation that balances investment in the long-term growth of our business with returning capital to our stockholders.”
Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., Inc.
“The significant increase in our share repurchase authorization reflects the Board's continued confidence in Simpson's long-term strategy, strong financial position and cash flow generation, while providing us with additional flexibility to opportunistically return capital to stockholders.”
Simpson Manufacturing Co., Inc. Announces New $1.0 Billion Share Repurchase Authorization PR Newswire
PLEASANTON, Calif., Oct. 26, 2026 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that its Board of Directors has approved a new $1.0 billion share repurchase authorization, effective October 22, 2026. The new authorization supersedes the Company's prior $200.0 million share repurchase authorization and has no expiration date. Year-to-date through September 30, 2026, the Company repurchased approximately $165 million of its common stock under the prior authorization.
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