How much of Everforth's repurchase authorization remains?

As of June 30, 2026, approximately $923 million remained available for repurchases under the Company's stock repurchase plan. This substantial remaining balance indicates the board has authorized a total repurchase program well in excess of $934 million (the $11.5 million already spent in Q2 2026 plus the $923 million remaining).

What price did Everforth pay for the repurchased shares?

The company repurchased 0.4 million shares at an average price of $30.07 per share during the second quarter. The total cost of $11.5 million reflects execution at this weighted-average price over the quarter-long period.

How does this buyback fit into Everforth's broader capital allocation?

Everforth balanced the $11.5 million share repurchase with $23.9 million in debt repayment during Q2 2026, while generating $46.3 million in free cash flow. This demonstrates the company prioritizes a mix of debt reduction and shareholder return, rather than aggressive buyback execution alone.

Did Everforth specify the execution mechanism for the repurchase?

No, the filing does not disclose whether the repurchases were conducted under Rule 10b-18 open-market purchases, a 10b5-1 plan, or another mechanism. The disclosure provides only the volume, dollar amount, and average price executed.

How material was this repurchase to Everforth's share count?

The 0.4 million shares repurchased represent roughly 0.97% of the diluted share base of 41 million shares outstanding at quarter end. This is a modest reduction that would have minimal immediate impact on earnings per share, though it contributes to long-term share-count discipline.

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

Everforth repurchased 0.4M shares for $11.5M in Q2 2026

Tech services firm executed share buyback during second quarter; $923M remains available under plan

Shares repurchased400K

Avg price paid$30.07

Remaining$923M

MechanismNot specified

What the filing says

Everforth Inc. (NYSE: EFOR) repurchased 0.4 million shares of common stock for $11.5 million during the second quarter ended June 30, 2026, at an average price of $30.07 per share. The repurchase was executed under the Company's stock repurchase plan as part of its capital allocation strategy alongside debt reduction.

The quarterly repurchase occurred while Everforth delivered revenues of $1,007.0 million and Adjusted EBITDA of $96.7 million (9.6% margin), both exceeding the high end of guidance. During the same quarter, the company also repaid $23.9 million in debt. As of quarter end, approximately $923 million remained available for future repurchases under the stock repurchase plan.

The execution mechanism was not explicitly specified in the filing. Subsequent to quarter end in July 2026, Everforth completed a refinancing and upsizing of its revolving credit facility, replacing the previous revolver and Term Loan A with a new five-year $600 million revolving facility, further strengthening its balance sheet and financial flexibility.

During the quarter the Company repurchased 0.4 million shares of its common stock for $11.5 million at an average price of $30.07 per share. Approximately $923 million remained available at quarter end for repurchases under the Company's stock repurchase plan. — Everforth Inc 8-K filing · View on SEC EDGAR →

What this means

The second-quarter repurchase of $11.5 million represents a modest execution against Everforth's substantial remaining authorization of $923 million. At an average price of $30.07, the 0.4 million shares retired represent approximately 0.97% of the diluted share base (41 million shares). The company balanced buyback activity with debt reduction ($23.9 million repaid) and maintained strong cash generation (Free Cash Flow of $46.3 million), demonstrating disciplined capital allocation during a period of solid operational performance. The remaining authorization suggests capacity for continued opportunistic repurchases.

Frequently asked questions

How much of Everforth's repurchase authorization remains?: As of June 30, 2026, approximately $923 million remained available for repurchases under the Company's stock repurchase plan. This substantial remaining balance indicates the board has authorized a total repurchase program well in excess of $934 million (the $11.5 million already spent in Q2 2026 plus the $923 million remaining).
What price did Everforth pay for the repurchased shares?: The company repurchased 0.4 million shares at an average price of $30.07 per share during the second quarter. The total cost of $11.5 million reflects execution at this weighted-average price over the quarter-long period.
How does this buyback fit into Everforth's broader capital allocation?: Everforth balanced the $11.5 million share repurchase with $23.9 million in debt repayment during Q2 2026, while generating $46.3 million in free cash flow. This demonstrates the company prioritizes a mix of debt reduction and shareholder return, rather than aggressive buyback execution alone.
Did Everforth specify the execution mechanism for the repurchase?: No, the filing does not disclose whether the repurchases were conducted under Rule 10b-18 open-market purchases, a 10b5-1 plan, or another mechanism. The disclosure provides only the volume, dollar amount, and average price executed.
How material was this repurchase to Everforth's share count?: The 0.4 million shares repurchased represent roughly 0.97% of the diluted share base of 41 million shares outstanding at quarter end. This is a modest reduction that would have minimal immediate impact on earnings per share, though it contributes to long-term share-count discipline.

execution tech-services q2-2026 capital-allocation 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.