Company: BCO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000078890-25-000253
Chunk: 25

Company: BRINKS CO
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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 will be paid out in shares of stock following separation from service.

The following table summarizes all DSU activity during the first six months of 2025:

                                                         Shares      Weighted-Average Grant-Date Fair Value             
                                                 (in thousands)                                                         
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Nonvested balance as of December 31, 2024                13.6      $                                           87.93  
  Granted                                                  14.8      92.19                                              
  Vested                                                ( 13.6)      87.93                                              
  Nonvested balance as of June 30, 2025                    14.8      $                                           92.19  

Note 11 - Capital Stock

Common Stock

At June 30, 2025, we had 100 41.8

Dividends

We paid regular quarterly dividends on our common stock during the last two years. On May 7, 2025, the Board declared a regular quarterly dividend of $ 0.2550

Preferred Stock

At June 30, 2025, we 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 six months ended June 30, 2025, we repurchased a total of 1,485,362 130.0 87.49 166

Shares Used to Calculate Earnings per Share

                                                                         Three Months                    Six Months            
                                                                       Ended June 30,                Ended June 30,            
  (In millions)                                                                  2025      2024                2025      2024  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Weighted-average shares:                                                                                                     
  Basic (a)                                                                      42.3      44.6                42.7      44.7  
  Effect of dilutive stock awards and options                                     0.1