---
schema_version: "secwatch.filing_event.v1"
accession: "0000842162-24-000013"
form_type: "8-K"
ticker: "LEA"
cik: "0000842162"
company_name: "LEAR CORP"
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T23:39:52.028675+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lear increases buyback authorization to $1.5B, declares $0.77 quarterly dividend

## Summary
- Board declared $0.77/share quarterly dividend, payable March 27, 2024 to holders of record March 8, 2024.
- Share repurchase authorization increased to $1.5B and extended through December 31, 2026.
- At end 2023, $916M remained under prior authorization; new authorization equals ~19% of market cap.
- Since 2011, Lear has returned $5.2B to shareholders, repurchasing ~53% of shares outstanding at program start.

## SEC filing metadata
- accession: 0000842162-24-000013
- form_type: 8-K
- ticker: LEA
- cik: 0000842162
- company_name: LEAR CORP
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842162/000084216224000013/0000842162-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842162/000084216224000013/lear-20240216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000842162-24-000013
- JSON: https://secwatch.observer/filing/0000842162-24-000013.json
- Plain text: https://secwatch.observer/filing/0000842162-24-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.