Thor Industries Unveils $400M Share Buyback Plan

Thor Industries has announced a new $400 million share repurchase program, replacing its prior plan expiring in July 2025 and extending through July 31, 2027. The company, a leading recreational vehicle manufacturer, has already repurchased over 3.5 million shares since December 2021, including more than 340,000 shares since June 6, 2025. The announcement comes amid challenging RV market conditions, but Thor recently reported better-than-expected fiscal Q3 results and continues to generate strong cash flow. CEO Bob Martin reaffirmed the company's commitment to repurchasing shares when the stock price does not reflect its long-term value. Following the announcement, Thor's stock price rose over 4%, narrowing its year-to-date decline. The timing and amount of future buybacks will depend on market conditions and other investment priorities.