secwatch.observer — SEC 8-K summary
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Issuer:     LEAR CORP (LEA)
CIK:        0000842162
Form:       8-K
Filed at:   2026-09-24T20:22:45+00:00
Accession:  0000842162-26-000080
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lear boosts share repurchase authorization to $1.5B, extends to Dec 2029
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- Board increased authorization from ~$600M remaining (expiring Dec 2026) to $1.5B, valid until Dec 31, 2029.
- New authorization equals ~26% of Lear's total market capitalization at current market prices.
- Since 2011, Lear repurchased 63.6M shares for $6.1B, reducing shares outstanding by ~60%.
- Repurchases may use open market, accelerated, negotiated, or structured transactions, subject to market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842162/000084216226000080/0000842162-26-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842162/000084216226000080/lear-20260924.htm
  HTML page:      https://secwatch.observer/filing/0000842162-26-000080

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer