NYSE:IEXMachinery
Should IDEX’s Stronger Q2 2026 Results and Aggressive Buybacks Prompt Action From IEX Investors?
IDEX Corporation recently reported its second-quarter 2026 results, posting sales of US$920.6 million and net income of US$143.4 million, with both basic and diluted EPS from continuing operations rising from a year earlier.
Alongside improved earnings, IDEX continued its long-running share repurchase program, retiring an additional 364,270 shares in the quarter and bringing total buybacks under the plan to 19,838,542 shares, or just over one-quarter of shares outstanding.
Against this...