What is the size and structure of Amrize's new buyback program?

Amrize launched a $1 billion share repurchase program and executed $197 million in repurchases during the second quarter of 2026. The filing does not specify whether the program is time-limited, the execution mechanism (such as Rule 10b-18 open-market purchases or accelerated share repurchase), or remaining authorization as of the filing date.

How much of the $1 billion program has been used?

As of the Q2 2026 earnings announcement (August 6, 2026), Amrize had repurchased $197 million worth of shares in the second quarter alone. The filing does not disclose cumulative usage or remaining authorization under the program.

What was the average price paid per share in Q2 2026?

The filing does not disclose the average price per share paid during the second quarter repurchases. It notes only the dollar amount of $197 million in repurchases executed.

How does the buyback fit into Amrize's broader capital allocation strategy?

In Q2 2026, Amrize returned $502 million total to shareholders: $197 million via buybacks and $305 million via dividends (including a special 2025 dividend and quarterly distributions). The company is investing approximately $900 million in annual capex for production expansion and efficiency while maintaining a net leverage ratio of 1.7x, indicating balanced capital deployment across growth, returns, and debt management.

Is this Amrize's first buyback program?

The filing describes this as the company 'launched' a $1 billion buyback program in Q2 2026, suggesting it is a new or newly authorized program. Amrize became independent from Holcim in 2024, and the filing does not reference prior standalone buyback authorizations.

What tax or withholding considerations apply to the repurchases?

The company noted that share repurchases in Q2 2026 included withholding taxes to be paid in the third quarter. Dividends are paid out of capital contribution reserves and are not subject to Swiss withholding tax, reflecting Amrize's domicile in Switzerland.

AMRZ 8-K Filed 2026-08-06 New authorization

Amrize launches $1 billion share repurchase program

Building-materials company initiates new buyback authorization; $197M in shares repurchased in Q2 2026

Authorization$1.0B

MechanismNot specified

What the filing says

Amrize Ltd (AMRZ), the Chicago-based building-materials distributor, announced the launch of a $1 billion share repurchase program in its second-quarter 2026 earnings release filed as an 8-K on August 6, 2026. During Q2 2026, the company executed $197 million in share repurchases under the new program.

In the same quarter, Amrize returned a total of $502 million to shareholders through both share repurchases and dividends. The company paid $305 million in dividends, including a special dividend of $0.44 per share on May 4, 2026, and the first quarter dividend of $0.11 per share on May 20, 2026. The Board declared an additional quarterly dividend of $0.11 per share for the second quarter, payable on August 26, 2026.

The filing does not specify the execution mechanism for the buyback program or disclose remaining authorization as of the filing date. Share repurchases in Q2 included withholding taxes to be settled in the third quarter, per company disclosure.

The $1 billion authorization represents a meaningful shareholder-return initiative for Amrize as it operates independently following its 2024 separation from Holcim. In Q2, the company deployed $197 million—nearly 20% of the authorization—within the first quarter of the program's launch. Combined with $305 million in dividends, total shareholder returns for the quarter reached $502 million. The buyback complements strong operational performance, with Q2 net income up 14.4% and adjusted EBITDA growing 5.8%, though the company faces headwinds from oil-driven cost inflation. With a net leverage ratio of 1.7x as of June 30, 2026, the company maintains financial flexibility to execute the program alongside its $900 million annual capex budget.

The company launched its $1 billion share buyback program and repurchased $197 million worth of Amrize shares in the second quarter. — Amrize Ltd 8-K filing · View on SEC EDGAR →

What this means

Frequently asked questions

What is the size and structure of Amrize's new buyback program?: Amrize launched a $1 billion share repurchase program and executed $197 million in repurchases during the second quarter of 2026. The filing does not specify whether the program is time-limited, the execution mechanism (such as Rule 10b-18 open-market purchases or accelerated share repurchase), or remaining authorization as of the filing date.
How much of the $1 billion program has been used?: As of the Q2 2026 earnings announcement (August 6, 2026), Amrize had repurchased $197 million worth of shares in the second quarter alone. The filing does not disclose cumulative usage or remaining authorization under the program.
What was the average price paid per share in Q2 2026?: The filing does not disclose the average price per share paid during the second quarter repurchases. It notes only the dollar amount of $197 million in repurchases executed.
How does the buyback fit into Amrize's broader capital allocation strategy?: In Q2 2026, Amrize returned $502 million total to shareholders: $197 million via buybacks and $305 million via dividends (including a special 2025 dividend and quarterly distributions). The company is investing approximately $900 million in annual capex for production expansion and efficiency while maintaining a net leverage ratio of 1.7x, indicating balanced capital deployment across growth, returns, and debt management.
Is this Amrize's first buyback program?: The filing describes this as the company 'launched' a $1 billion buyback program in Q2 2026, suggesting it is a new or newly authorized program. Amrize became independent from Holcim in 2024, and the filing does not reference prior standalone buyback authorizations.
What tax or withholding considerations apply to the repurchases?: The company noted that share repurchases in Q2 2026 included withholding taxes to be paid in the third quarter. Dividends are paid out of capital contribution reserves and are not subject to Swiss withholding tax, reflecting Amrize's domicile in Switzerland.

authorization mega-cap building-materials q2-2026 shareholder-return

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.