Invesco Ltd. 8-K

What Happened

• On February 18, 2026, Invesco Ltd. announced (via Form 8-K) that its board approved a new 2025 Share Repurchase Plan authorizing up to $1.0 billion in additional purchases of common stock. The 2025 plan has no time limit or expiration and is in addition to the company’s existing 2016 Share Repurchase Plan.

Key Details

• Board approval date: February 18, 2026 (8-K filed February 23, 2026).
• New authorization: up to $1.0 billion under the 2025 Share Repurchase Plan.
• Existing plan status: about $213.4 million still authorized under the 2016 plan as of February 19, 2026.
• Purchase methods: open-market, block or privately negotiated transactions, Rule 10b5-1 plans; timing and volume at company discretion. The plans do not obligate repurchases.

Why It Matters

• A larger buyback program gives Invesco flexibility to reduce outstanding shares, which can support earnings per share and potentially the stock price if and when repurchases occur.
• The lack of an expiration date provides ongoing flexibility, but the company is not required to buy shares and will act based on market conditions, share price, and other factors.
• Investors should view this as a capital-allocation tool that increases repurchase capacity (total available now ~ $1.2134B, combining the two plans’ remaining authorizations) but not a guaranteed future cash outflow.