APi Group sets new 2028 targets ($10B+ revenue, 16%+ margin) and 3-for-2 stock split

APi Group Corp

New 10/16/60+ framework: $10B+ net revenues, 16%+ adjusted EBITDA margin, 60%+ rev from inspection/service by 2028.
Expects cumulative adjusted free cash flow of $3.0B+ through 2028.
Reaffirms Q2 and full year 2025 financial guidance.
Board approves 3-for-2 stock split via dividend of 0.5 share per share; payable June 30, 2025 to holders of record June 16, 2025.
Post-split shares outstanding approx. 415 million; Series A preferred unchanged.

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