How many shares did Enerpac repurchase in Q3 2026 and at what price?

Enerpac repurchased approximately 420,000 shares in Q3 fiscal 2026 (ended May 31, 2026) for a total of $15 million, resulting in an average price of approximately $35.71 per share. This execution occurred under the $200 million buyback program authorized in October 2025.

How much of the buyback authorization remains available?

Of the $200 million authorized by the board in October 2025, approximately $120 million remains available for future repurchases as of May 31, 2026. The company had deployed $15 million in Q3 alone and approximately $81 million year-to-date through nine months.

What is the execution mechanism for Enerpac's buybacks?

The filing does not specify the execution mechanism (Rule 10b-18, ASR, or other), though standard open-market repurchase is typical for industrial companies executing quarterly buybacks of this scale. The company may use multiple methods within the authorized program.

How does the buyback impact Enerpac's share count and EPS?

The Q3 repurchase of 420,000 shares reduced share count by approximately 0.8%, providing modest EPS accretion. Year-to-date, approximately 2.3 million shares were repurchased, reducing weighted-average diluted shares from 54.417 million in Q3 2025 to 51.568 million in Q3 2026—a reduction of about 5% over one year.

Is Enerpac continuing buybacks while pursuing the SFE Group acquisition?

Yes. Enerpac announced the definitive agreement to acquire SFE Group on the same day it reported Q3 results and disclosed the $15 million repurchase. With $69 million in operating cash flow year-to-date and net debt at 0.5x adjusted EBITDA, the company maintains sufficient liquidity to pursue both the acquisition and capital return.

What was the prior buyback authorization before the October 2025 program?

The filing does not disclose the prior authorization amount or program details. Only the October 2025 $200 million authorization is referenced in this earnings announcement.

EPAC 8-K Filed 2026-07-08 Execution disclosure

Enerpac repurchased 420K shares for $15M in Q3 fiscal 2026

Q3 execution under $200M board authorization announced October 2025; $120M remains available.

Shares repurchased420K

Avg price paid$35.71

Remaining$120M

MechanismRule 10b-18 open-market purcha

What the filing says

Enerpac Tool Group Corp. (NYSE: EPAC) repurchased approximately 420,000 shares of common stock in the third quarter of fiscal 2026 (ended May 31, 2026) for a total of $15 million under its share repurchase program announced in October 2025. The repurchases were executed at an average price of approximately $35.71 per share.

The $200 million buyback authorization was granted by the board of directors and announced in October 2025. As of May 31, 2026, approximately $120 million of the authorized amount remained available for future repurchases. The company generated $69 million in operating cash flow through the first nine months of fiscal 2026, supporting the capital return activity.

Year-to-date through Q3 fiscal 2026, the company repurchased approximately 2.3 million shares (based on $81.134 million in share repurchases disclosed in the nine-month cash flow statement) out of the $200 million authorized program, demonstrating ongoing execution of the repurchase strategy alongside the company's acquisition of SFE Group announced contemporaneously with these results.

The Company repurchased approximately 420,000 shares of its common stock in the third quarter of fiscal 2026 for a total of $15 million under its share repurchase program announced in October 2025. Out of the $200 million authorized by the board of directors, approximately $120 million remains. — ENERPAC TOOL GROUP CORP 8-K filing · View on SEC EDGAR →

What this means

Enerpac's $15 million Q3 repurchase represents a modest but steady capital allocation to shareholders during a period of operational improvement and strategic acquisition activity. At an average price of $35.71, the quarterly buyback reduced share count by approximately 0.8%, which has modest EPS accretion impact given the company's $1.24 diluted EPS year-to-date. With $120 million remaining under the $200 million authorization, the company retains substantial flexibility to continue returning capital while funding the SFE Group acquisition and maintaining its capital structure at 0.5x net debt to adjusted EBITDA—a relatively low leverage profile that provides room for opportunistic repurchases.

Frequently asked questions

How many shares did Enerpac repurchase in Q3 2026 and at what price?: Enerpac repurchased approximately 420,000 shares in Q3 fiscal 2026 (ended May 31, 2026) for a total of $15 million, resulting in an average price of approximately $35.71 per share. This execution occurred under the $200 million buyback program authorized in October 2025.
How much of the buyback authorization remains available?: Of the $200 million authorized by the board in October 2025, approximately $120 million remains available for future repurchases as of May 31, 2026. The company had deployed $15 million in Q3 alone and approximately $81 million year-to-date through nine months.
What is the execution mechanism for Enerpac's buybacks?: The filing does not specify the execution mechanism (Rule 10b-18, ASR, or other), though standard open-market repurchase is typical for industrial companies executing quarterly buybacks of this scale. The company may use multiple methods within the authorized program.
How does the buyback impact Enerpac's share count and EPS?: The Q3 repurchase of 420,000 shares reduced share count by approximately 0.8%, providing modest EPS accretion. Year-to-date, approximately 2.3 million shares were repurchased, reducing weighted-average diluted shares from 54.417 million in Q3 2025 to 51.568 million in Q3 2026—a reduction of about 5% over one year.
Is Enerpac continuing buybacks while pursuing the SFE Group acquisition?: Yes. Enerpac announced the definitive agreement to acquire SFE Group on the same day it reported Q3 results and disclosed the $15 million repurchase. With $69 million in operating cash flow year-to-date and net debt at 0.5x adjusted EBITDA, the company maintains sufficient liquidity to pursue both the acquisition and capital return.
What was the prior buyback authorization before the October 2025 program?: The filing does not disclose the prior authorization amount or program details. Only the October 2025 $200 million authorization is referenced in this earnings announcement.

execution industrial-sector Q3-2026 rule-10b-18 mid-cap open-market

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.