Aptiv launches $3B accelerated share repurchase, funds with $2.5B bridge loan

Aptiv PLC

Entered ASR agreements with Goldman Sachs and JPMorgan to repurchase up to $3.0B of ordinary shares.
Initial delivery of ~30.8M shares on Aug 2, 2024; final settlement expected by Q2 2025.
Obtained a $2.5B 364-day unsecured bridge credit facility, priced at SOFR + 1.00%-1.75%.
Remaining $2.5B available under previously authorized share repurchase program after this transaction.
Bridge loan subject to mandatory prepayment from asset sales or capital markets issuance.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.