AAMI 8-K Filed 2026-07-30 Execution disclosure

Acadian Asset Management repurchases 0.2M shares at $69.92 in Q2 2026

Asset manager returned $1.5B to shareholders since end-2019 through buybacks and dividends, with $10.6M spent in latest quarter.

Shares repurchased200K
Avg price paid$69.92
MechanismNot specified

What the filing says

Acadian Asset Management Inc. (NYSE: AAMI) repurchased 0.2 million shares of common stock in the second quarter ended June 30, 2026, at a volume-weighted average price of $69.92 per share, totaling $10.6 million in aggregate. The company noted this repurchase as part of its broader capital management strategy.

Since the end of 2019, Acadian has returned $1.5 billion to shareholders through a combination of share buybacks and dividends. The second-quarter repurchase reflects the company's commitment to returning excess capital while maintaining flexibility, as stated in management's forward guidance that the company expects to "continue generating strong free cash flow, prioritizing organic growth and balance sheet flexibility, and then returning excess capital through dividends and share repurchases."

At quarter-end, diluted shares outstanding stood at 35.7 million, down 58% from 86.0 million at Q4 2019, illustrating the cumulative impact of the company's multi-year buyback program. The company simultaneously declared a quarterly interim dividend of $0.10 per share, payable September 25, 2026.

Repurchased 0.2 million shares of common stock during the second quarter of 2026, at a volume-weighted average price of $69.92 per share, for an aggregate total of $10.6 million — Acadian Asset Management Inc. 8-K filing  ·  View on SEC EDGAR →

What this means

The Q2 2026 repurchase represents a modest, ongoing execution of capital return rather than a new authorization or material acceleration. With $1.5 billion returned to shareholders over roughly six years, Acadian demonstrates consistent deployment of free cash flow. The 58% reduction in share count from end-2019 reflects substantial accumulated buyback activity. The filing does not disclose a new or remaining authorization amount, suggesting either disclosure under a prior general authorization or flexibility within existing board authority. The company's strong balance sheet (0.8x leverage, 0.5x net leverage) and "expect to continue" language indicate the buyback program is expected to remain an ongoing element of capital allocation, subject to market conditions and cash availability.

Frequently asked questions

How many shares did Acadian repurchase in Q2 2026 and at what price?
Acadian repurchased 0.2 million shares at a volume-weighted average price of $69.92 per share, for an aggregate amount of $10.6 million. The filing does not specify whether this was conducted under Rule 10b-18 open-market purchases, an ASR, or another mechanism.
What is the cumulative impact of Acadian's buyback program?
Since the end of 2019, the company has returned $1.5 billion to shareholders through buybacks and dividends combined. Diluted shares outstanding fell from 86.0 million in Q4 2019 to 35.7 million in Q2 2026, a 58% reduction, demonstrating significant capital return and share count reduction.
Does the filing disclose a new or existing share repurchase authorization?
The filing does not disclose a new authorization amount or remaining balance under an existing program. It describes the Q2 2026 repurchase as part of ongoing capital management without specifying the authorization source or limits.
What is management's forward guidance on future share repurchases?
Management stated the company expects to 'continue generating strong free cash flow, prioritizing organic growth and balance sheet flexibility, and then returning excess capital through dividends and share repurchases.' This indicates buybacks are expected to remain an ongoing component of capital allocation, but does not establish a specific schedule or amount.
What was Acadian's cash position and leverage at quarter-end?
Cash and cash equivalents totaled $64.6 million at June 30, 2026. The company maintained a leverage ratio of 0.8x and net leverage ratio of 0.5x, both conservative levels, supporting ongoing capital return activity alongside organic growth investment.
execution asset-management systematic-investing capital-return dividend
Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.