secwatch.observer — SEC 8-K summary
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Issuer:     BRINKS CO (BCO)
CIK:        0000078890
Form:       8-K
Filed at:   2022-10-03T23:59:59+00:00
Accession:  0000078890-22-000392
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brink's acquires UK ATM network NoteMachine for ~$179M; Q3 share repurchases $27.3M
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- Acquisition price ~$179M, 5.0x adjusted EBITDA; NoteMachine had $131M revenue, $36M adj. EBITDA in FY2022.
- Acquisition expands global ATM managed services to ~130,000 ATMs; expected accretive to earnings first year.
- In Q3 2022, Brink's repurchased 501,560 shares for $27.3M at avg price $54.36.
- Share repurchase authorization remains ~$223M; company continues opportunistic buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78890/000007889022000392/0000078890-22-000392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78890/000007889022000392/bco-20221003.htm
  HTML page:      https://secwatch.observer/filing/0000078890-22-000392

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