Johnson Controls Executes $5.0 Billion Accelerated Share Repurchase

Johnson Controls entered into accelerated share repurchase transactions with four major banks to repurchase $5.0 billion of its ordinary shares. The repurchase is funded by proceeds from the divestiture of its residential and light commercial HVAC business.

“On August 7, 2025, Johnson Controls International plc (the “Company”) entered into accelerated share repurchase transactions (the “ASR Transactions”) with each of Bank of America, N.A., Barclays Bank PLC, JPMorgan Chase Bank, National Association and Morgan Stanley & Co. LLC (the “Counterparties”) to repurchase an aggregate of $5.0 billion (the “Repurchase Price”) of the Company’s ordinary shares (the “Shares”).”

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