Brink’s Announces $250 Million Share Repurchase Authorization

RICHMOND, Va., Feb. 06, 2020 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE: BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced that its board of directors authorized a $250 million share repurchase authorization that expires on December 31, 2021.  The authorization replaces the company’s previous share repurchase program, which expired December 31, 2019. Under the previous program, Brink’s repurchased 1.3 million shares of its common stock for approximately $94 million, or an average cost of $69.35 per share.

The timing and volume of share repurchases may be executed at the discretion of management on an opportunistic basis, or pursuant to trading plans or other arrangements. Any share repurchase under this program may be made in the open market, in privately negotiated transactions, or otherwise. The share repurchase program may be suspended or discontinued at any time.

About The Brink’s Company

The Brink’s Company (NYSE: BCO) is the global leader in total cash management, route-based secure logistics and payment solutions including cash-in-transit, ATM services, cash management services (including vault outsourcing, money processing and intelligent safe services), and international transportation of valuables. Our customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations.  Our global network of operations in 41 countries serves customers in more than 100 countries. For more information, please visit our website at www.brinks.com or call 804-289-9709.

Contact:Investor Relations 804.289.9709

You May Also Be Interested In

• FrankCrum Earns G2 High Performer Recognition Across Three Categories for Fall 2026
• Global Water Resources Secures $20 Million of Additional Liquidity Through Private Placement and Expanded Revolving Credit Facility
• Lakeland Fire + Safety to Attend Upcoming Investor Conferences in September