Trimble Inc. Announces New Stock Repurchase Program and Expands Board of Directors

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Additionally, the board authorized the repurchase of up to $800.0 million in the company's common stock, effective immediately, replacing the prior authorization of up to $750.0 million.

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About Trimble Inc.

Trimble Inc. is a technology company that develops positioning and productivity solutions for various industries. It focuses on connecting the physical and digital worlds through advanced integrated solutions. Trimble's portfolio includes industries like agriculture, construction, geospatial, transportation, and natural resources, where accurate positioning and measurement are crucial. The company offers products such as GPS receivers, laser rangefinders, unmanned aerial vehicle systems, and software tools. Founded in 1978 and headquartered in Sunnyvale, California, Trimble has consistently contributed to technological advancements by providing systems that improve productivity, quality, safety, and compliance. Trimble's solutions are vital in automating and streamlining workflows, thus fostering efficiency and innovation across sectors. Its presence is felt globally as it enables businesses to make data-driven decisions, promoting sustainable practices and operational intelligence.