RB Global stock gains as buyback authorization doubles to USD 1 billion

Published on 09/21/2026 at 13:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RB Global stock is supported by a USD 1 billion buyback authorization announced on September 15, 2026, with over 5.36 million shares already repurchased. The shares most recently traded around USD 83 on the NYSE, below earlier buyback levels near USD 93.

RBA, US7493631024, Illustration mit AI erstellt.

RB Global, Inc. stock (ISIN US7493631024) is trading around USD 83 on the New York Stock Exchange as of September 20, 2026, with investors focusing on the company’s expanded share repurchase program that now authorizes up to USD 1 billion of buybacks.

Buyback authorization doubled to USD 1 billion

According to Yahoo Finance, RB Global announced on September 15, 2026 that it had received Toronto Stock Exchange approval to raise the aggregate dollar ceiling of its normal course issuer bid from USD 500 million to USD 1 billion, effectively doubling the size of the program.

The same report notes that the amendment, effective September 17, 2026, increases the maximum share count from 10 million to 14,224,129 shares, which represents roughly 10 percent of the company’s public float.Yahoo Finance

Executed buybacks and valuation context

By September 11, 2026, RB Global had already repurchased about 5,363,497 shares under the program, implying close to USD 500 million in spending based on an average purchase price of approximately USD 93.22 per share, as reported by Yahoo Finance.

The same analysis points out that the forward price-earnings ratio for RB Global stood around 17.01 based on prices as of September 18, 2026, which suggests the market is pricing in steady earnings growth rather than exceptionally high growth.Yahoo Finance

Stock price level versus buyback execution

Per recent pricing data from a US stock portal, RB Global stock closed at about USD 83.20 on the NYSE on September 20, 2026, with an intraday range between USD 83.06 and USD 86.00 on that trading day.

At the USD 83.20 level, the shares are trading roughly 10.8 percent below the average buyback price of USD 93.22 recorded through September 11, 2026, offering a concrete comparison between the current market level and the prices at which the company has been repurchasing its own stock.