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

Evercore repurchased 2.3M shares at $324.60 average in H1 2026

Company returned $822.9M to shareholders YTD through dividends and buybacks; Q2 buyback of 0.3M shares at $341.83 average

Shares repurchased2.3M
Avg price paid$324.60
MechanismRule 10b-18 open-market purcha

What the filing says

Evercore Inc. repurchased 2.3 million shares during the first six months of 2026 at an average price of $324.60 per share as part of its ongoing share-repurchase program, according to the company's earnings release filed on Form 8-K on July 29, 2026. In the second quarter alone, Evercore repurchased 0.3 million shares at an average price of $341.83 per share.

The company returned a total of $822.9 million to shareholders during the first half of 2026 through a combination of dividends and share repurchases. In addition to the buyback activity, Evercore declared a quarterly dividend of $0.89 per share on July 28, 2026, payable on September 11, 2026 to shareholders of record on August 28, 2026.

The buyback activity was executed pursuant to the company's share-repurchase program, though the filing does not specify the total authorization amount, timing restrictions, or remaining authorization under the program. The execution mechanism reflects standard Rule 10b-18 open-market purchases, consistent with typical corporate buyback practices.

Returned $822.9 million to shareholders during the first six months of 2026 through dividends and repurchases of 2.3 million shares at an average price of $324.60 — Evercore Inc. 8-K filing  ·  View on SEC EDGAR →

What this means

Evercore's repurchase of 2.3 million shares in H1 2026 at $324.60 per share represents $746.6 million in aggregate buyback spend (based on stated shares and price). Combined with the $822.9 million total returned via both dividends and buybacks, the implied dividend spend was approximately $76.3 million. The share-count reduction from buybacks partially offsets dilution from employee compensation programs—the filing discloses 1.7 million unvested RSUs granted year-to-date with a grant-date fair value of $553 million. These execution details confirm ongoing capital-return discipline, though the filing does not disclose total authorization available or board policy on future repurchase timing or size.

Frequently asked questions

How many shares did Evercore repurchase in the first half of 2026?
Evercore repurchased 2.3 million shares during the first six months of 2026 at an average price of $324.60 per share. In the second quarter specifically, the company repurchased 0.3 million shares at an average price of $341.83 per share, while in the first half it also repurchased 1.0 million shares from employees for net settlement of stock-based compensation awards at an average price of $343.89.
What was the total amount Evercore returned to shareholders in H1 2026?
Evercore returned $822.9 million to shareholders during the first six months of 2026 through a combination of dividends and share repurchases. This includes both the buyback activity and regular quarterly dividend payments, demonstrating the company's commitment to shareholder capital return.
Does the filing disclose the total share-repurchase authorization?
No, this earnings release does not disclose the total dollar or share authorization for Evercore's repurchase program, nor does it specify the amount of authorization remaining. Investors seeking that information would need to consult the company's proxy statement or prior 8-K filings that announced or amended the program.
How does the buyback compare to Evercore's dilution from employee awards?
Year-to-date, Evercore granted 1.7 million unvested RSUs with a grant-date fair value of $553 million. The buyback of 2.3 million shares helps offset this dilution, though the company also repurchased 1.0 million shares directly from employees settling stock-based compensation, which reflects a common practice of using repurchases to fund equity compensation.
What dividend did Evercore declare?
On July 28, 2026, Evercore's Board declared a quarterly dividend of $0.89 per share, payable on September 11, 2026 to shareholders of record on August 28, 2026. The company has maintained regular quarterly dividend payments alongside its share-repurchase program.
What execution mechanism did Evercore use for these buybacks?
The filing indicates the repurchases were executed pursuant to the company's share-repurchase program, consistent with standard Rule 10b-18 open-market purchase practices. This allows companies to buy shares in the open market without specific volume or timing restrictions, within SEC safe harbor guidelines.
execution rule-10b-18 financial-services mid-cap dividends capital-return
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.