8-K filings of US companies to the Securities and Exchange Commission ·
8-K filings, October 28, 2026: AEP expands capital plan to $100 billion
In Form 8-K filings (reports of material events) on October 28, 2026, American Electric Power (AEP) said it expanded its capital plan to $100 billion through 2031. FedEx said it plans to repurchase $2 billion of stock.
An update from FactIQ, written from company statements in 8-K filings of US companies to the Securities and Exchange Commission. What is FactIQ?
Key figures
- American Electric Power, capital plan through 2031
- $100 billionstated by the company; expanded in response to accelerating electricity demand
- FedEx, planned stock repurchase
- $2 billionstated by the company for the first quarter of fiscal year 2027; cites confidence in its 2029 targets
- TE Connectivity, cash returned to shareholders
- approximately $2.8 billionstated by the company for the fourth quarter of fiscal year 2026
- Honeywell Aerospace, net benefit in adjusted earnings before interest and taxes
- approximately $50 millionstated by the company; from tariff refunds and costs of operating as an independent public company
Several companies announced large investment and stockholder-return plans
- American Electric Power (AEP) said it expanded its capital plan to $100 billion through 2031 in response to accelerating electricity demand. AEP said the plan includes investments to strengthen reliability, modernize the grid and support growing customer demand.
- FedEx, reporting for the first quarter of fiscal year 2027, said it plans to repurchase $2 billion of its stock. FedEx cited confidence in its 2029 targets. FedEx said it completed the sale of its FedEx Supply Chain business to CMA CGM Group for $1.4 billion. FedEx said it will increase parcel shipping rates by an average of 5.9% effective January 4, 2027.
- TE Connectivity, reporting for the fourth quarter of fiscal year 2026, said it returned approximately $2.8 billion to shareholders. TE said it committed $1.6 billion to Industrial segment bolt-on acquisitions.
Tariff refunds helped results at Honeywell Aerospace and Garmin
- Honeywell Aerospace said its adjusted EBIT (earnings before interest and taxes) increased 1% in the third quarter of 2026. Honeywell Aerospace said this included an approximately $50 million net benefit from tariff refunds and costs of operating as an independent public company.
- Garmin said its gross margin increased in the third quarter of 2026. Garmin cited favorable segment mix, lower product cost and approximately $33 million in refunds of previously paid tariffs.
Artificial intelligence demand supported two technology suppliers
- Teradyne said demand across the artificial intelligence (AI) value chain drove third-quarter 2026 results above the high end of its guidance. Teradyne said AI-related demand drove record revenue in Memory and Integrated Systems Test.
- TE Connectivity said customer AI investments are creating opportunities across data centers, networking and the energy grid. TE reported an adjusted operating margin of 22%.
Ford reported lower earnings in its main vehicle units
- Ford said Ford Pro generated $1.7 billion in EBIT in the third quarter of 2026, down 16%. Ford said lower tariffs partly offset higher commodities and temporary Super Duty launch costs.
- Ford said Ford Blue reported $1.4 billion in EBIT, down 10%.
- Ford said Ford Model e reported a $1.1 billion EBIT loss, improving 25% year over year.
Source: 8-K filings of US companies to the Securities and Exchange Commission.