Company: BCO
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000078890-25-000312
Chunk: 28

Company: BRINKS CO
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 had the authority to issue up to 2.0 10

Share Repurchase Program

In November 2023, our Board of Directors authorized a $ 500

Under the 2023 Share Repurchase Program, we are not obligated to repurchase any specific dollar amount or number of shares. The timing and volume of share repurchases may be executed at the discretion of management on an opportunistic basis, or pursuant to trading plans or other arrangements. Share repurchases under this program may be made in the open market, in privately negotiated transactions, or otherwise.

During the nine months ended September 30, 2025, we repurchased a total of 1,724,309 153.6 89.05 143

Shares Used to Calculate Earnings per Share

                                                                              Three Months                        Nine Months            
                                                                       Ended September 30,                Ended September 30,            
  (In millions)                                                                       2025      2024                     2025      2024  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Weighted-average shares:                                                                                                               
  Basic (a)                                                                           41.9      44.2                     42.4      44.5  
  Effect of dilutive stock awards and options                                          0.2       0.6                      0.3       0.5  
  Diluted                                                                             42.1      44.8                     42.7      45.0  
  Antidilutive stock awards and options excluded from denominator                        —         —                        —         —  

(a) We have deferred compensation plans for directors and certain of our employees. Some amounts owed to participants are denominated in common stock units. Each unit represents one share of common stock. The number of shares used to calculate basic earnings per share includes the weighted-average common stock units credited to employees and directors under the deferred compensation plans. Additionally, nonvested units containing only a service requirement are also included in the computation of basic weighted-average shares when the requisite service period has been completed. Accordingly, basic shares include weighted-average units of 0.2 0.2 0.2 0.2

Note 12 - Supplemental cash flow information

                         Nine Months                                
                         Ended September 30,                        
  (In millions)          2025                                 2024  
 ────────────────────────────────────────────────────────────────────
  Cash paid for:                                                    
  Interest