Dividends & Buybacks
Terex Board Authorizes Buyback Plan as Q3 Revenue Tops Estimates
By News Desk ·
Key takeaways
- Terex's board of directors authorized a buyback plan on October 28, 2026.
- Terex reported Q3 revenue of $2.20 billion, versus a FactSet estimate of $2.16 billion.
- Terex declared a quarterly dividend of $0.17 per share, payable December 18, 2026 to stockholders of record as of November 9, 2026.
Terex Corporation's board of directors authorized a buyback plan on October 28, 2026, MarketScreener reported. Terex is a diversified specialty equipment manufacturer serving emergency services, waste management, utilities, construction, quarrying and aggregates through brands including Genie, Powerscreen, Heil, E-ONE and Terex MPS.
Terex Board Approves Buyback Authorization
The buyback authorization came on the same day Terex reported third-quarter revenue of $2.20 billion, against a FactSet estimate of $2.16 billion, according to the same MarketScreener report. The board action was announced at 08:14 am EDT. Terex's shares closed at $49.68 on October 27, 2026, down 2.66% over five days and down 5.62% since the start of the year, according to the same report.
Terex's Merger and Divestiture Record
According to akta.pro company records, Terex completed a $9 billion merger with REV Group in February 2026, creating a specialty equipment manufacturer with a portfolio across emergency vehicles, materials processing and environmental solutions. The company gave full-year 2026 revenue guidance of $7.5 billion to $8.1 billion and targeted $75 million in synergies. In the same month, Terex divested Midwest Automotive Designs to Alliance RV as a post-merger portfolio optimization, streamlining its Specialty Vehicles platform around emergency response and commercial infrastructure. The same records list full-year 2025 net sales of $5.4 billion.
Terex's Dividend and Capacity Trucks Sale
On October 15, 2026, Terex declared a quarterly dividend of $0.17 per share, payable on December 18, 2026 to stockholders of record as of November 9, 2026, PR Newswire reported. On October 26, 2026, Right Lane Industries completed its acquisition of Capacity Trucks and LayMor from Terex, both headquartered in Longview, Texas, with financial terms undisclosed, FinancialContent Business Page reported. The companies will operate as standalone businesses under RLI ownership.
Terex's December Dividend Payment
Terex's declared quarterly dividend of $0.17 per share is scheduled for payment on December 18, 2026, to stockholders of record as of November 9, 2026.