How many shares did Camden National repurchase in Q2 2026?

Camden National repurchased 52,000 shares at a weighted-average price of $47.64 per share during the second quarter of 2026. Year-to-date through June 30, 2026, the company repurchased 85,131 shares at a weighted average price of $46.55 per share.

What is the current share repurchase authorization amount?

The filing does not disclose the total authorization amount, remaining authorization, or the date of the authorization. It only reports execution activity for Q2 and the six-month period ended June 30, 2026.

What execution mechanism does Camden National use for buybacks?

The filing does not specify the buyback execution method. It does not reference Rule 10b-18 open-market purchases, Accelerated Share Repurchase agreements, or any other specific mechanism.

Why is Camden National repurchasing shares?

While the filing does not explicitly state the rationale, CEO Simon Griffiths referenced a commitment to creating long-term shareholder value in the earnings release. The company has strong capital ratios and record profitability, providing capacity for capital deployment through share repurchases alongside its regular cash dividend.

How does the Q2 repurchase price compare to the stock price at quarter-end?

The Q2 weighted-average repurchase price was $47.64, while the NASDAQ closing price on June 30, 2026, was $54.22. This $6.58 discount suggests that shares were purchased earlier in the quarter before the stock's quarter-end appreciation.

What is the impact of share repurchases on diluted earnings per share?

Share repurchases reduce share count, which can increase diluted EPS by the same percentage, all else equal. Camden National's diluted EPS increased to $1.35 in Q2 2026 from $1.29 in Q1 2026, but the filing does not isolate the specific EPS contribution from the 52,000-share Q2 buyback.

CAC 8-K Filed 2026-07-28 Execution disclosure

Camden National repurchased 52,000 shares at $47.64 average in Q2 2026

Company executed 85,131 share repurchases YTD under existing program; $47.64 Q2 average reflects disciplined deployment of capital

Shares repurchased52K

Avg price paid$47.64

MechanismNot specified

What the filing says

Camden National Corporation repurchased 52,000 shares of its common stock at a weighted-average price of $47.64 per share during the second quarter of 2026, according to the company's Q2 earnings release filed as an 8-K. For the first six months of 2026, the company repurchased a total of 85,131 shares at a weighted average price of $46.55 per share under its share repurchase program.

The repurchase activity occurred as Camden National reported record quarterly net income of $23.0 million and diluted earnings per share of $1.35 for Q2 2026, with a return on average equity of 12.92%. The company maintained strong capital ratios, including a Common Equity Tier 1 ratio of 12.19%, well in excess of regulatory requirements, providing flexibility for capital deployment through share buybacks.

Book value per share increased to $42.96 at June 30, 2026, from $41.98 at March 31, 2026, and tangible book value per share increased to $31.64 from $30.58 over the same period. The filing does not disclose the total authorization amount remaining under the company's share repurchase program, the authorization mechanism, or the execution method.

The Company repurchased 52,000 shares of its common stock at a weighted-average price of $47.64 per share during the second quarter of 2026. — CAMDEN NATIONAL CORP 8-K filing · View on SEC EDGAR →

What this means

Camden National's Q2 share repurchase reflects opportunistic capital management amid record earnings and strong regulatory capital ratios. With approximately 16.9 million shares outstanding at quarter-end, the 52,000-share buyback represents a 0.31% reduction in share count for the quarter. The company's year-to-date repurchase of 85,131 shares at $46.55 average occurs within the context of improved profitability from the Northway Financial acquisition (closed January 1, 2025) and core business growth, though the filing provides no detail on remaining authorization or program mechanics. The execution price of $47.64 in Q2 compares to the reported NASDAQ closing price of $54.22 as of June 30, 2026, suggesting purchases were made during or near lower-priced trading periods within the quarter.

Frequently asked questions

How many shares did Camden National repurchase in Q2 2026?: Camden National repurchased 52,000 shares at a weighted-average price of $47.64 per share during the second quarter of 2026. Year-to-date through June 30, 2026, the company repurchased 85,131 shares at a weighted average price of $46.55 per share.
What is the current share repurchase authorization amount?: The filing does not disclose the total authorization amount, remaining authorization, or the date of the authorization. It only reports execution activity for Q2 and the six-month period ended June 30, 2026.
What execution mechanism does Camden National use for buybacks?: The filing does not specify the buyback execution method. It does not reference Rule 10b-18 open-market purchases, Accelerated Share Repurchase agreements, or any other specific mechanism.
Why is Camden National repurchasing shares?: While the filing does not explicitly state the rationale, CEO Simon Griffiths referenced a commitment to creating long-term shareholder value in the earnings release. The company has strong capital ratios and record profitability, providing capacity for capital deployment through share repurchases alongside its regular cash dividend.
How does the Q2 repurchase price compare to the stock price at quarter-end?: The Q2 weighted-average repurchase price was $47.64, while the NASDAQ closing price on June 30, 2026, was $54.22. This $6.58 discount suggests that shares were purchased earlier in the quarter before the stock's quarter-end appreciation.
What is the impact of share repurchases on diluted earnings per share?: Share repurchases reduce share count, which can increase diluted EPS by the same percentage, all else equal. Camden National's diluted EPS increased to $1.35 in Q2 2026 from $1.29 in Q1 2026, but the filing does not isolate the specific EPS contribution from the 52,000-share Q2 buyback.

execution regional-bank Q2-2026 rule-10b-18-likely earnings-release

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.