How many shares did Burlington repurchase in Q2 2026?

Burlington repurchased 270,279 shares of common stock for $87 million during Q2 2026 (ended August 1, 2026). This equates to an average price of approximately $321.71 per share.

How much authorization remains for future buybacks?

As of August 1, 2026, Burlington had $218 million remaining under its current share repurchase program authorization. This indicates the company can continue executing buybacks up to that amount before requiring a new board authorization.

Did the buyback reduce Burlington's share count materially?

No. Diluted weighted average shares outstanding remained essentially unchanged at 63.9 million in Q2 2026 versus Q2 2025, suggesting that buyback activity has been largely offset by equity compensation issuances to employees and executives.

What mechanism did Burlington use to execute the buyback?

The filing does not specify the execution mechanism (e.g., Rule 10b-18 open-market purchases, ASR, 10b5-1 plan, or tender offer). This detail is typically disclosed in subsequent regulatory filings or press releases.

How does this buyback fit into Burlington's capital allocation strategy?

The repurchase occurred alongside $532 million in capital expenditures in the first half of 2026 and net debt reduction via Convertible Note principal payments of $128.6 million. Buybacks appear to be opportunistic and balanced against organic growth investment and deleveraging.

Is $87 million a typical quarterly spend for Burlington?

The filing discloses only Q2 2026 execution. Cash flow statements show $222.3 million in treasury share purchases during the first six months of 2026, implying Q1 execution of approximately $135 million—suggesting Q2 was a more modest quarter relative to the first half run rate.

BURL 8-K Filed 2026-08-27 Execution disclosure

Burlington Stores repurchased 270K shares for $87M in Q2 2026

Company has $218M remaining under its share repurchase program authorization

Shares repurchased270K

Avg price paid$321.71

Remaining$218M

MechanismNot specified

What the filing says

Burlington Stores, Inc. (NYSE: BURL) repurchased 270,279 shares of its common stock during the second quarter of fiscal 2026 (ended August 1, 2026) for a total of $87 million under its ongoing share repurchase program. The repurchases occurred during a period of strong operational performance, with the company reporting 11% total sales growth and 38% adjusted EPS growth for the quarter.

As of the end of Q2 2026, the company had $218 million remaining under its current share repurchase program authorization. The execution mechanism was not specified in the filing. Diluted weighted average shares outstanding remained essentially flat at 63.9 million shares for Q2 2026 compared to 63.9 million in the prior-year period, indicating the modest impact of buyback activity on the share count.

The repurchase activity occurred alongside solid liquidity management, with the company ending the quarter with $1.646 billion in total liquidity ($704 million in cash and $942 million in ABL availability) and $1.914 billion in outstanding debt. Burlington's board has not disclosed details of any new authorization in this filing—the buyback was executed under an existing authorization.

During the second quarter of Fiscal 2026, the Company repurchased 270,279 shares of its common stock under its share repurchase program for $87 million. As of the end of the second quarter of Fiscal 2026, the Company had $218 million remaining on its current share repurchase program authorization. — Burlington Stores, Inc. 8-K filing · View on SEC EDGAR →

What this means

Burlington Stores deployed $87 million of capital to buy back 0.4% of its shares outstanding during Q2 2026, while maintaining substantial liquidity and executing a strong operational quarter. The $218 million remaining authorization represents modest firepower relative to the company's $2 billion stock market capitalization (implied at the $321.71 average repurchase price), and the flat year-over-year diluted share count suggests buyback activity has been largely offset by equity compensation grants. The buyback comes as the company raised full-year EPS guidance to $11.77–$11.97, indicating management confidence in underlying business momentum.

Frequently asked questions

How many shares did Burlington repurchase in Q2 2026?: Burlington repurchased 270,279 shares of common stock for $87 million during Q2 2026 (ended August 1, 2026). This equates to an average price of approximately $321.71 per share.
How much authorization remains for future buybacks?: As of August 1, 2026, Burlington had $218 million remaining under its current share repurchase program authorization. This indicates the company can continue executing buybacks up to that amount before requiring a new board authorization.
Did the buyback reduce Burlington's share count materially?: No. Diluted weighted average shares outstanding remained essentially unchanged at 63.9 million in Q2 2026 versus Q2 2025, suggesting that buyback activity has been largely offset by equity compensation issuances to employees and executives.
What mechanism did Burlington use to execute the buyback?: The filing does not specify the execution mechanism (e.g., Rule 10b-18 open-market purchases, ASR, 10b5-1 plan, or tender offer). This detail is typically disclosed in subsequent regulatory filings or press releases.
How does this buyback fit into Burlington's capital allocation strategy?: The repurchase occurred alongside $532 million in capital expenditures in the first half of 2026 and net debt reduction via Convertible Note principal payments of $128.6 million. Buybacks appear to be opportunistic and balanced against organic growth investment and deleveraging.
Is $87 million a typical quarterly spend for Burlington?: The filing discloses only Q2 2026 execution. Cash flow statements show $222.3 million in treasury share purchases during the first six months of 2026, implying Q1 execution of approximately $135 million—suggesting Q2 was a more modest quarter relative to the first half run rate.

execution retail-sector mid-cap q2-2026 treasury-stock

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.