06:43 AM EDT, 03/16/2026 (MT Newswires) -- (Updates with additional details in third paragraph.)

Ford Motor ( F ) said in a regulatory filing Friday that it is launching a share repurchase program for up to 31.7 million shares of its common stock.

The company said it plans to use its existing cash and cash equivalents to fund repurchases under the program.

The program is intended to offset the dilutive effect of share-based compensation granted in 2026 and from share settlement of conversions of its 0.00% senior convertible notes, according to Ford Motor ( F ).