How many shares did BJ's repurchase in Q2 2026 and at what price?

BJ's repurchased 64,000 shares at a total cost of $2.4 million, representing an average price of approximately $37.50 per share. The shares were retired, reducing outstanding share count.

How much buyback authorization remains available?

As of July 30, 2026, BJ's had approximately $85.5 million available under its authorized share repurchase program, with up to $50 million budgeted for full-year 2026 depending on market conditions.

What mechanism does BJ's use to execute its share repurchases?

The filing does not specify the execution mechanism (Rule 10b-18 open-market, 10b5-1 plan, etc.). The repurchase details are disclosed in the earnings press release but without procedural specifics.

Why did BJ's repurchase shares during this quarter?

The filing does not provide explicit rationale for the timing or amount. The repurchase was executed during a strong operating quarter marked by 6.5% comparable sales growth and the eighth consecutive quarter of sales and traffic growth.

How does this Q2 repurchase compare to BJ's full-year plan?

The $2.4 million spent in Q2 represents less than 5% of the $50 million full-year repurchase budget, suggesting BJ's is maintaining measured execution rather than accelerating buybacks despite operational strength.

Does the buyback affect BJ's financial guidance?

No. The company raised its comparable restaurant sales, operating profit, and Adjusted EBITDA guidance while maintaining the $50 million share repurchase authorization at the prior level, indicating confidence in both operational execution and capital allocation flexibility.

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

BJ's Restaurants repurchased 64K shares at $37.50 in Q2 2026

Casual-dining chain retired $2.4M in stock; $85.5M remains under authorization as guidance raised

Shares repurchased64K

Avg price paid$37.50

Remaining$86M

MechanismNot specified

What the filing says

BJ's Restaurants, Inc. (Nasdaq: BJRI) repurchased and retired approximately 64,000 shares of common stock at a cost of approximately $2.4 million during fiscal second quarter 2026 ended June 30, 2026. This execution represents an average price of approximately $37.50 per share.

As of July 30, 2026, the company had approximately $85.5 million available remaining under its authorized share repurchase program. The company also raised its 2026 full-year guidance, maintaining its share repurchase authorization of up to $50 million for fiscal 2026, subject to market conditions.

The buyback occurred during a strong operating quarter, in which BJ's reported 6.5% comparable restaurant sales growth, the eighth consecutive quarter of sales and traffic growth, and the seventh consecutive quarter of profit growth. Restaurant-level operating profit increased 7.6% to $66.8 million, and diluted net income per share was $0.86, with adjusted diluted EPS of $0.94.

The Company repurchased and retired approximately 64,000 shares of its common stock at a cost of approximately $2.4 million. As of July 30, 2026, the Company had approximately $85.5 million available under its authorized share repurchase program. — BJs RESTAURANTS INC 8-K filing · View on SEC EDGAR →

What this means

BJ's retired 64,000 shares in Q2 2026, reducing share count modestly while maintaining substantial dry powder for future repurchases. With $85.5 million remaining under authorization and $50 million budgeted for full-year 2026, the company retains flexibility to return additional capital as operating performance supports it. The share reduction occurs amid eight consecutive quarters of sales growth and improving profitability, though the $2.4 million spent in the quarter represents a small portion of available capital and implies measured use of the authorization rather than aggressive repurchasing.

Frequently asked questions

How many shares did BJ's repurchase in Q2 2026 and at what price?: BJ's repurchased 64,000 shares at a total cost of $2.4 million, representing an average price of approximately $37.50 per share. The shares were retired, reducing outstanding share count.
How much buyback authorization remains available?: As of July 30, 2026, BJ's had approximately $85.5 million available under its authorized share repurchase program, with up to $50 million budgeted for full-year 2026 depending on market conditions.
What mechanism does BJ's use to execute its share repurchases?: The filing does not specify the execution mechanism (Rule 10b-18 open-market, 10b5-1 plan, etc.). The repurchase details are disclosed in the earnings press release but without procedural specifics.
Why did BJ's repurchase shares during this quarter?: The filing does not provide explicit rationale for the timing or amount. The repurchase was executed during a strong operating quarter marked by 6.5% comparable sales growth and the eighth consecutive quarter of sales and traffic growth.
How does this Q2 repurchase compare to BJ's full-year plan?: The $2.4 million spent in Q2 represents less than 5% of the $50 million full-year repurchase budget, suggesting BJ's is maintaining measured execution rather than accelerating buybacks despite operational strength.
Does the buyback affect BJ's financial guidance?: No. The company raised its comparable restaurant sales, operating profit, and Adjusted EBITDA guidance while maintaining the $50 million share repurchase authorization at the prior level, indicating confidence in both operational execution and capital allocation flexibility.

execution casual-dining rule-10b-18 q2-2026 share-retirement mid-cap

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.