Company: APTV
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001521332-25-000040
Chunk: 39

Company: Aptiv PLC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 39
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 by dividing net income attributable to Aptiv by the weighted average number of ordinary shares outstanding during the period. Diluted net income per share reflects the weighted average dilutive impact of all potentially dilutive securities from the date of issuance and is computed using the treasury stock method by dividing net income attributable to Aptiv by the diluted weighted average number of ordinary shares outstanding during the period. Unless otherwise noted, share and per share amounts included in these notes are on a diluted basis. For all periods presented, the calculation of net income per share contemplates the dilutive impacts, if any, of the Company’s share-based compensation plans. Refer to Note 18. Share-Based Compensation for additional information.

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Weighted Average SharesThe following table illustrates net income per share attributable to Aptiv and the weighted average shares outstanding used in calculating basic and diluted income per share:Three Months Ended June 30,Six Months Ended June 30,2025202420252024 (in millions, except per share data)Numerator:Net income attributable to Aptiv$393 $938 $382 $1,156 Denominator:Weighted average ordinary shares outstanding, basic217.73 270.19 223.91 272.69 Dilutive shares related to restricted stock units0.38 0.24 0.41 0.18 Weighted average ordinary shares outstanding, including dilutive shares218.11 270.43 224.32 272.87 Net income per share attributable to Aptiv:Basic$1.80 $3.47 $1.71 $4.24 Diluted$1.80 $3.47 $1.70 $4.24 Share Repurchase ProgramsIn July 2024, the Board of Directors authorized a share repurchase program of up to $5.0 billion of ordinary shares, which commenced in August 2024 following completion of the Company’s $2.0 billion January 2019 share repurchase program. This share repurchase program provides for share purchases in the open market or in privately negotiated transactions (which may include derivative transactions, including an accelerated share repurchase program (“ASR”)), depending on share price, market conditions and other factors, as determined by the Company.As part of the Company’s share repurchase program, on August 1, 2024, the Company entered into ASR agreements with each of Goldman Sachs International and JPMorgan Chase Bank, N.A. to