Trimble adds two directors, authorizes $800M share repurchase replacing prior $750M plan

TRIMBLE INC.

Board expanded to 11; appointed Kara Sprague (F5 CPO) and Ron Nersesian (Keysight chairman) effective Feb 5, 2024.
Board authorized $800M share repurchase, effective immediately, replacing prior $750M authorization (with $115.3M remaining cancelled).
Company expects to utilize significant portion of $800M authorization in 2024; also plans $400M repurchase from AGCO JV proceeds after Q2 2024 close.
Plans investor day in H2 2024 to provide margin target update with new segment reporting.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Kara Sprague

director

TRMB · TRIMBLE INC.

Effective: 2024-02-05
Filed: January 30, 2024, 6:59 PM ET

appointed Kara Sprague and Ron Nersesian to serve as directors of the Company, effective as of February 5, 2024.

Appointed

Ron Nersesian

director

TRMB · TRIMBLE INC.

Effective: 2024-02-05
Filed: January 30, 2024, 6:59 PM ET

appointed Kara Sprague and Ron Nersesian to serve as directors of the Company, effective as of February 5, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kara Sprague was appointed as director at TRIMBLE INC..

Action: appointed
Role: director

Exact text from the filing

appointed Kara Sprague and Ron Nersesian to serve as directors of the Company, effective as of February 5, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ron Nersesian was appointed as director at TRIMBLE INC..

Action: appointed
Role: director

Exact text from the filing

appointed Kara Sprague and Ron Nersesian to serve as directors of the Company, effective as of February 5, 2024.

View on SEC.gov

TRIMBLE INC. filing history →

Source: SEC EDGAR

accession 0000864749-24-000008

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