CFFN 8-K Filed 2026-07-29 Execution disclosure

Capitol Federal repurchased 6.5M shares for $47.2M in fiscal 2026 YTD

Execution of opportunistic buybacks as bank reports strong earnings and capital position

Shares repurchased6.5M
Avg price paid$7.24
Remaining$24M
MechanismRule 10b-18 open-market purcha

What the filing says

Capitol Federal Financial, Inc. (NASDAQ: CFFN) repurchased 6,517,422 shares for $47.2 million through July 23, 2026, during its fiscal year 2026. The company repurchased 6,369,946 shares at an average price of $7.21 per share for $45.9 million during the first nine months ended June 30, 2026, followed by 147,476 additional shares at an average price of $8.45 per share for $1.2 million through July 23, 2026.

The Federal Reserve Bank of Kansas City granted current non-objection for the company to repurchase up to $75 million of stock, with that authorization expiring in February 2027. As of July 23, 2026, Capitol Federal had $24.0 million remaining authorized under its existing stock repurchase plan. The company stated that it intends to opportunistically repurchase stock depending upon market conditions, available liquidity, and other factors.

These repurchases are part of Capitol Federal's disciplined capital allocation strategy, which also includes regular quarterly dividends of $0.085 per share and a special dividend paid in January 2026. Management noted that strong financial results and a strengthened capital position enabled the company to balance investments in future growth with incremental opportunities to return capital to stockholders through multiple channels.

We repurchased 6,369,946 shares for $45.9 million during the first nine months of the current fiscal year. Subsequent to June 30, 2026, the Company repurchased 147,476 shares for $1.2 million through July 23, 2026. — Capitol Federal Financial, Inc. 8-K filing  ·  View on SEC EDGAR →

What this means

Capitol Federal's execution of $47.2 million in share repurchases through July 2026 reflects the bank's confidence in its financial position and strategic direction, following reported net income of $23.6 million for Q3 and $64.0 million year-to-date. The repurchases reduce share count (from 129.9 million shares outstanding at September 2025 to approximately 125.7 million as of July 23, 2026) and enhance tangible book value per share to $8.04. With $24 million remaining under the current $75 million Federal Reserve authorization (expiring February 2027), the bank has limited flexibility for further buybacks without annual renewal. The opportunistic approach signals management's intent to continue capital returns while maintaining flexibility based on market conditions and regulatory capital requirements.

Frequently asked questions

How much stock has Capitol Federal repurchased year-to-date?
Capitol Federal repurchased 6,517,422 shares for $47.2 million through July 23, 2026. This consisted of 6,369,946 shares at $7.21 average price ($45.9 million) for the nine months ended June 30, 2026, plus 147,476 shares at $8.45 average price ($1.2 million) through July 23, 2026.
What is the remaining authorization for Capitol Federal's buyback program?
The company had $24.0 million remaining authorized under its existing stock repurchase plan as of July 23, 2026. The Federal Reserve Bank of Kansas City's current non-objection for up to $75 million in repurchases expires in February 2027, requiring annual renewal.
How does Capitol Federal execute its share repurchases?
Capitol Federal uses Rule 10b-18 open-market purchases for its opportunistic share buybacks. The company intends to repurchase stock from time to time depending on market conditions, available liquidity, and other factors, without a predetermined timeline.
How do these repurchases fit into Capitol Federal's broader capital allocation strategy?
Share repurchases are one component of Capitol Federal's multi-channel approach to returning capital to shareholders, alongside regular quarterly dividends of $0.085 per share and special dividends. Since its second-step conversion in December 2010 through June 30, 2026, the company has returned $2.09 billion to stockholders ($1.60 billion in dividends and $485.8 million in repurchases).
What cash did Capitol Federal have available for shareholder returns?
At June 30, 2026, the holding company had $10.7 million in cash on deposit at the Bank. Management indicated the Bank would move at least $34 million to the holding company during the September 2026 quarter to fund dividend payments and share repurchases.
How has the share count changed as a result of these repurchases?
Total shares outstanding decreased from 132,204,305 at September 30, 2025 to 125,857,559 at June 30, 2026, and further to approximately 125,708,883 as of July 23, 2026, primarily due to the repurchase activity. Tangible book value per share increased to $8.04 at June 30, 2026.
execution regional-bank open-market-purchases opportunistic capital-allocation dividends
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.