03:51 AM EST, 02/13/2025 (MT Newswires) -- Hubbell (HUBB) said late Wednesday that its board approved a new share repurchase authorization of up to $500 million.

The new program, which will expire in February 2028, is in addition to the company's existing repurchase program set to expire in October 2025.

The company said $260 million remained under the existing program as of Dec. 31.