RB Global stock expands buyback to USD 1 billion?
Published on 09/24/2026 at 11:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
RB Global stock is tied to a larger capital-return plan after the company expanded its normal course issuer bid to USD 1 billion. The shares closed at USD 82.83 on September 23, 2026, on the NYSE, while the company had repurchased 5,363,497 shares by September 11.
Buyback ceiling reaches USD 1 billion
RB Global announced on September 15, 2026, that the Toronto Stock Exchange approved an amended repurchase program. According to RB Global, the authorization increased from USD 500 million to USD 1 billion and now covers the lesser of 14,224,129 common shares or the dollar limit.
The amendment became effective on September 17, 2026, and the program is scheduled to terminate on March 17, 2027, unless completed earlier. All shares bought under the program will be canceled, making the authorization a potential support for per-share metrics if purchases continue.
Revenue rises 11.1 percent
RB Global's second-quarter 2026 revenue reached USD 1.32 billion, up 11.1 percent from the prior-year quarter, according to Investing.com. Gross transaction value increased 11 percent to USD 4.7 billion, while adjusted EBITDA grew 6 percent.
The earnings mix was less uniform than the revenue growth. Adjusted earnings per share came in at USD 1.13, below the USD 1.16 forecast cited by Investing.com, even as revenue exceeded the USD 1.23 billion estimate by 7.32 percent. For investors, that split places greater emphasis on whether transaction growth converts into earnings expansion.
Stock stays near yearly low
At USD 82.83 on September 23, 2026, RB Global traded USD 3.08 above its 52-week low of USD 79.75 and USD 36.50 below its 52-week high of USD 119.33. The stock was down 0.64 percent on the session and 19.81 percent year to date, according to Simply Wall St. The buyback therefore arrives after a material decline from the yearly high, while the latest operating figures show double-digit revenue growth.
RB Global market profile
- Company: RB Global, Inc.
- Ticker: RBA
- Trading venue: NYSE
- Closing price (September 23, 2026): USD 82.83
- Market capitalization: USD 15.431 billion (as of September 23, 2026)
- 52-week range: USD 79.75-119.33 (as of September 23, 2026)
- Sector / Industry: Industrials / Specialty Business Services
