Mirion Technologies Announces $250M Share Repurchase Program

What Happened

• Mirion Technologies, Inc. (MIR) announced on August 31, 2026 that its Board approved a new share repurchase program authorizing up to $250 million to buy back Class A common stock. The 2026 Repurchase Program is effective August 31, 2026 and runs through August 31, 2031 unless earlier suspended or terminated. In Q3 2026 the Company repurchased approximately 2.6 million Class A shares for about $40 million, substantially completing a prior $100 million program.

Key Details

• Authorized amount: up to $250.0 million for Class A common stock repurchases.
• Effective period: August 31, 2026 through August 31, 2031 (subject to earlier suspension/termination).
• Q3 2026 activity: ~2.6 million shares repurchased for approximately $40 million.
• Repurchase methods: open market, privately negotiated transactions, block purchases, or pursuant to Rule 10b-18 and potentially Rule 10b5-1 trading plans; timing and amounts depend on price, market conditions, debt agreement terms and other factors.
• Disclosure: Future repurchase activity will be reported in the Company’s periodic Form 10-Q and Form 10-K filings.

Why It Matters

• The authorization gives Mirion flexibility to return capital to shareholders and reduce outstanding shares, which can affect per-share metrics and ownership percentages. Repurchases are discretionary and subject to market conditions and contractual constraints (including the Company’s debt agreements). Investors should watch future 10-Q/10-K filings for details on actual repurchase timing, volumes, and impacts.