Ingram Micro Announces $100M Share Repurchase Plan

Board authorizes buyback of up to 2% of outstanding shares

Published on Mar. 4, 2026

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Ingram Micro (NYSE:INGM), a global technology distributor and supply chain services provider, announced that its board of directors has approved a $100 million share repurchase program. The buyback authorization allows the company to repurchase up to 2% of its outstanding shares through open market purchases.

Why it matters

Share repurchase programs are often seen as a sign that a company's board believes its stock is undervalued. The move reflects Ingram Micro's confidence in its business and future prospects, and could provide a boost to the company's stock price.

The details

Ingram Micro plans to repurchase up to $100 million worth of its own shares on the open market. This represents around 2% of the company's total outstanding shares. The buyback program is the latest move by Ingram Micro to enhance shareholder value, following strong financial results in its most recent quarter.

  • Ingram Micro's board approved the share repurchase plan on Monday, March 2, 2026.

The players

Ingram Micro

A global technology distributor and supply chain services provider, headquartered in Irvine, California and listed on the New York Stock Exchange under the ticker INGM.

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What’s next

Ingram Micro's share repurchase program will be implemented through open market purchases, with the company expected to provide updates on its progress over time.

The takeaway

Ingram Micro's share repurchase plan signals the company's confidence in its financial position and future growth prospects. The move could help boost the stock price and demonstrates Ingram Micro's commitment to enhancing shareholder value.