---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-155175"
form_type: "8-K"
ticker: "THRM"
cik: "0000903129"
company_name: "Gentherm Inc"
filed_at: "2024-06-05T23:59:59+00:00"
generated_at: "2026-06-01T06:25:16.575252+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gentherm authorizes $150M stock repurchase program expiring June 2027

## Summary
- Board authorized new $150M common stock repurchase program, effective July 1, 2024 through June 30, 2027.
- Current 2020 program had ~$26M remaining as of June 4, 2024.
- Repurchases may be executed via open market, accelerated repurchase, or private agreements subject to market conditions and legal requirements.
- CEO Phil Eyler cited confidence in future performance and cash flow generation as rationale.

## SEC filing metadata
- accession: 0001193125-24-155175
- form_type: 8-K
- ticker: THRM
- cik: 0000903129
- company_name: Gentherm Inc
- filed_at: 2024-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/903129/000119312524155175/0001193125-24-155175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903129/000119312524155175/d845852d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-155175
- JSON: https://secwatch.observer/filing/0001193125-24-155175.json
- Plain text: https://secwatch.observer/filing/0001193125-24-155175.txt

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