Trimble Inc. (NASDAQ:TRMB) is one of the best logistics-tech stocks to buy now.
On December 5, 2025, Trimble announced that its board of directors had approved a new share repurchase authorization of up to $1.0 billion in common stock. The newly approved program replaces the company’s prior $1.0 billion buyback authorization, under which approximately $273 million remained unused at the end of the third quarter of 2025.
According to the company's press release, the repurchases may be conducted through a range of methods, including open-market transactions, accelerated share repurchase agreements, block trades, or privately negotiated deals. The new authorization does not have an expiration date, allowing Trimble flexibility in timing and execution methods based on market conditions and other factors.
Trimble’s announcement comes amid the company's broader push to optimize capital allocation and return value to shareholders. In its Q3 FY25 earnings report, the company posted $957 million in revenue, up 8% year-over-year, with adjusted EPS of $0.67 and $167 million in free cash flow. Management highlighted strong recurring revenue momentum and increased software mix, which they said reinforced the company's long-term strategy.
Trimble Inc. (NASDAQ:TRMB) provides technology solutions that enable positioning, modeling, connectivity, and data analytics for industries such as construction, agriculture, transportation, and logistics.
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