What were the actual share repurchases executed in Q2 2026?

BWX Technologies repurchased 1,812 shares at an average price of $214.20 per share during the three months ended June 30, 2026. Monthly breakdowns show 1,655 shares in April at $215.30, 40 shares in May at $217.35, and 117 shares in June at $197.54.

Why did the company repurchase these shares if not under the announced program?

All 1,812 shares were repurchased pursuant to employee benefit plan provisions that require share repurchase to satisfy statutory tax withholding obligations. This is a routine administrative function separate from discretionary buyback activity.

How much authorization remains under the current program?

Approximately $347.6 million remains available for repurchase under the $500 million authorization announced on April 30, 2021, which has no expiration date. The company has not used the program for discretionary share repurchases in this quarter.

What is the difference between employee benefit plan repurchases and publicly announced program repurchases?

Employee benefit plan repurchases are driven by tax withholding mechanics and occur automatically; publicly announced program repurchases are discretionary capital allocation decisions made by management and the board. BWX's Q2 activity was entirely the former.

Are any officers or directors actively trading under Rule 10b5-1 plans?

The filing discloses that no director or officer of BWX adopted or terminated a Rule 10b5-1 trading arrangement during Q2 2026.

How does this quarter's activity compare to the authorization level?

Q2 2026 repurchases of approximately $388,000 represent less than 0.1% of the $500 million authorization, indicating minimal discretionary buyback activity. The substantial remaining balance suggests the company is preserving capital flexibility.

BWXT 10-Q Filed 2026-08-03 Execution disclosure

BWX Technologies repurchased 1,812 shares at $214.20 average in Q2 2026

Quarterly execution under employee benefit plan provisions; $347.6M remains under April 2021 authorization.

Shares repurchased2K

Avg price paid$214.20

Remaining$348M

MechanismEmployee benefit plan repurcha

What the filing says

BWX Technologies, Inc. (BWXT) repurchased 1,812 shares during the three months ended June 30, 2026, at an average price of $214.20 per share, for a total cost of approximately $388,000. All shares purchased were repurchased pursuant to provisions of employee benefit plans that permit the repurchase of shares to satisfy statutory tax withholding obligations, not under the publicly announced buyback program.

The company disclosed a monthly breakdown showing 1,655 shares purchased in April 2026 at $215.30 per share, 40 shares in May 2026 at $217.35 per share, and 117 shares in June 2026 at $197.54 per share. No shares were purchased as part of the publicly announced plan or program during this period.

As of June 30, 2026, approximately $347.6 million remained available for repurchase under the board authorization of up to $500 million in aggregate market value announced on April 30, 2021, with no expiration date. The filing notes that directors and officers did not adopt or terminate any Rule 10b5-1 trading arrangements during the quarter.

The following table provides information on our purchases of equity securities during the three months ended June 30, 2026. Any shares purchased that were not part of a publicly announced plan or program are related to repurchases of common stock pursuant to the provisions of employee benefit plans that permit the repurchase of shares to satisfy statutory tax withholding obligations. — BWX Technologies, Inc. 10-Q filing · View on SEC EDGAR →

What this means

BWX Technologies' Q2 2026 share repurchases totaled less than $400,000 and were entirely driven by employee tax withholding obligations under benefit plans rather than discretionary capital allocation. The company maintains substantial dry powder, with $347.6 million remaining under its April 2021 authorization of $500 million, suggesting limited use of the program for strategic buyback activity. The minimal quarterly execution reflects routine administrative repurchasing mechanics rather than aggressive share-count reduction or market-timing execution.

Frequently asked questions

What were the actual share repurchases executed in Q2 2026?: BWX Technologies repurchased 1,812 shares at an average price of $214.20 per share during the three months ended June 30, 2026. Monthly breakdowns show 1,655 shares in April at $215.30, 40 shares in May at $217.35, and 117 shares in June at $197.54.
Why did the company repurchase these shares if not under the announced program?: All 1,812 shares were repurchased pursuant to employee benefit plan provisions that require share repurchase to satisfy statutory tax withholding obligations. This is a routine administrative function separate from discretionary buyback activity.
How much authorization remains under the current program?: Approximately $347.6 million remains available for repurchase under the $500 million authorization announced on April 30, 2021, which has no expiration date. The company has not used the program for discretionary share repurchases in this quarter.
What is the difference between employee benefit plan repurchases and publicly announced program repurchases?: Employee benefit plan repurchases are driven by tax withholding mechanics and occur automatically; publicly announced program repurchases are discretionary capital allocation decisions made by management and the board. BWX's Q2 activity was entirely the former.
Are any officers or directors actively trading under Rule 10b5-1 plans?: The filing discloses that no director or officer of BWX adopted or terminated a Rule 10b5-1 trading arrangement during Q2 2026.
How does this quarter's activity compare to the authorization level?: Q2 2026 repurchases of approximately $388,000 represent less than 0.1% of the $500 million authorization, indicating minimal discretionary buyback activity. The substantial remaining balance suggests the company is preserving capital flexibility.

execution employee-benefit-plans tax-withholding defense-contractor q2-2026

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.