Forrester Research restarts stock buyback program
CEO George Colony announces restart and acceleration of share repurchases amid Q2 beat and stabilizing metrics
What the filing says
Forrester Research, Inc. announced on July 30, 2026, in its second-quarter earnings release that the company has restarted its stock buyback program and plans to accelerate repurchases going forward. CEO and Chairman George F. Colony stated: "We have restarted our stock buyback program, and we plan to accelerate our repurchases."
The restart comes as Forrester reported second-quarter revenue of $100.2 million and GAAP net income of $15.3 million, or $0.78 per diluted share. The company delivered results above consensus and is seeing accelerated adoption of Forrester AI. Management is maintaining its 2026 full-year guidance, which projects adjusted diluted earnings per share of approximately $0.72 to $0.82.
For the first half of 2026, cash flow data shows the company repurchased $956,000 of common stock, compared with $44,000 in the same period of 2025. The filing does not disclose a specific dollar authorization amount, repurchase mechanism (such as Rule 10b-18 open-market purchases or accelerated share repurchase), or detailed repurchase timeline.
We have restarted our stock buyback program, and we plan to accelerate our repurchases. — FORRESTER RESEARCH, INC. 8-K filing · View on SEC EDGAR →
What this means
Forrester's restart and intended acceleration of share repurchases signals management confidence in the company's financial position and business stabilization, despite revenue headwinds (Q2 2026 revenues declined 10% year-over-year). The company is prioritizing capital return at a time of positive profitability and improved operational metrics, including client and wallet retention gains. However, the absence of a disclosed authorization amount, timeline, or execution mechanism limits visibility into the scale and structure of the program. Investors should monitor future quarterly filings for actual repurchase volumes and pricing.
Frequently asked questions
- When did Forrester restart its buyback program?
- Forrester announced the restart of its stock buyback program on July 30, 2026, in its second-quarter earnings release. The company indicated it plans to accelerate repurchases going forward, though the filing does not specify when the program began or provide a detailed execution timeline.
- What is the dollar amount authorized for this buyback?
- The filing does not disclose a specific dollar authorization amount for the restarted program. While the pre-filing heuristic identified $100.2 million, this figure corresponds to the company's total Q2 revenues, not the buyback authorization. Investors should check subsequent SEC filings or company disclosures for the actual authorization details.
- How much did Forrester repurchase in the first half of 2026?
- According to the key financial data table, Forrester repurchased $956,000 of common stock in the six months ended June 30, 2026, compared with $44,000 in the same period of 2025. These figures represent dollar amounts spent, not share counts or average prices.
- What is the execution mechanism for the buyback?
- The filing does not specify whether repurchases will occur under Rule 10b-18 open-market purchases, an accelerated share repurchase agreement, or another mechanism. Management stated only that the company plans to accelerate repurchases without detailing the structure or timing.
- Why is Forrester restarting buybacks now?
- CEO George Colony tied the restart to improved operational performance: the company delivered Q2 revenue, margin, and EPS above consensus, is seeing accelerated adoption of Forrester AI, and is experiencing ongoing metric stabilization. The company is maintaining its 2026 full-year guidance, suggesting confidence in near-term financial health.
- How does this compare to Forrester's prior buyback activity?
- The filing indicates the program was restarted, implying an earlier buyback program had been suspended. H1 2026 repurchases of $956,000 represent a 21-fold increase from H1 2025 activity of $44,000, though these remain modest in absolute terms relative to the company's market capitalization and operating cash flow of $25 million for the six-month period.