How many shares did Graham Holdings repurchase in the first half of 2026?

Graham Holdings repurchased 110,471 shares of its Class B common stock for a total cost of $122.0 million during the first six months of 2026, implying an average price of approximately $1,104 per share.

How much authorization remains under the company's buyback program?

As of June 30, 2026, the company had 352,011 shares remaining under its 500,000-share authorization granted on September 12, 2024. This represents approximately 70% of the original authorization still available for repurchase.

What execution mechanism did the company use for these buybacks?

The filing does not disclose the specific execution mechanism. Graham Holdings did not specify whether the repurchases were conducted under Rule 10b-18 open-market purchases, an Accelerated Share Repurchase, a 10b5-1 plan, or another method.

How does this buyback activity fit within Graham Holdings' overall financial position?

The company generated strong earnings in the period—net income of $310.2 million for the first six months of 2026—and held $1,297.4 million in cash, marketable equity securities, and other investments at June 30, 2026. The $122 million buyback represents a selective use of capital alongside ongoing business operations and debt management.

How many shares of Graham Holdings' Class B common stock are outstanding?

As of June 30, 2026, Graham Holdings had 4,251,268 shares of Class B common stock outstanding.

When was the current buyback authorization approved by the Board?

The Board of Directors authorized the current share-repurchase program on September 12, 2024, permitting the acquisition of up to 500,000 shares of Class B common stock.

GHC 8-K Filed 2026-07-30 Execution disclosure

Graham Holdings repurchased 110,471 shares in first half of 2026

Company spent $122 million on Class B buybacks under existing 500,000-share authorization from September 2024.

Shares repurchased110K

Avg price paid$1103.78

MechanismNot specified

What the filing says

Graham Holdings Company (NYSE: GHC) repurchased 110,471 shares of its Class B common stock during the first six months of 2026 at a total cost of $122.0 million, according to the company's earnings release filed as an 8-K on July 30, 2026. This activity occurred under a buyback authorization granted by the Board of Directors on September 12, 2024, which permitted the acquisition of up to 500,000 shares.

As of June 30, 2026, the company had 352,011 shares remaining under that authorization, representing approximately 70% of the original approved amount still available for repurchase. The company had 4,251,268 shares of Class B common stock outstanding at quarter-end.

The repurchases were executed during a period in which Graham Holdings posted strong financial results, including net income attributable to common shares of $310.2 million ($71.04 per diluted share) for the first six months of 2026, compared to $60.6 million ($13.81 per share) in the same period of 2025. The company did not disclose the specific execution mechanism or average price per share paid during the first-half period.

During the first six months of 2026, the Company purchased a total of 110,471 shares of its Class B common stock at a cost of $122.0 million. At June 30, 2026, there were 4,251,268 shares outstanding. On September 12, 2024, the Board of Directors authorized the Company to acquire up to 500,000 shares of its Class B common stock; the Company has remaining authorization for 352,011 shares as of June 30, 2026. — Graham Holdings Co 8-K filing · View on SEC EDGAR →

What this means

Graham Holdings executed roughly 22% of its September 2024 authorization in the first half of 2026, reducing share count modestly. At an implied average price of approximately $1,104 per share, the company spent $122 million—a material but not dominant use of capital relative to its financial position. The filing does not specify whether these repurchases were conducted under Rule 10b-18 open-market purchases, an ASR, or another mechanism. With 352,011 shares still authorized, Graham Holdings maintains flexibility to continue buybacks if business conditions warrant, though the pace of execution suggests a measured, opportunistic approach rather than aggressive capital deployment.

Frequently asked questions

How many shares did Graham Holdings repurchase in the first half of 2026?: Graham Holdings repurchased 110,471 shares of its Class B common stock for a total cost of $122.0 million during the first six months of 2026, implying an average price of approximately $1,104 per share.
How much authorization remains under the company's buyback program?: As of June 30, 2026, the company had 352,011 shares remaining under its 500,000-share authorization granted on September 12, 2024. This represents approximately 70% of the original authorization still available for repurchase.
What execution mechanism did the company use for these buybacks?: The filing does not disclose the specific execution mechanism. Graham Holdings did not specify whether the repurchases were conducted under Rule 10b-18 open-market purchases, an Accelerated Share Repurchase, a 10b5-1 plan, or another method.
How does this buyback activity fit within Graham Holdings' overall financial position?: The company generated strong earnings in the period—net income of $310.2 million for the first six months of 2026—and held $1,297.4 million in cash, marketable equity securities, and other investments at June 30, 2026. The $122 million buyback represents a selective use of capital alongside ongoing business operations and debt management.
How many shares of Graham Holdings' Class B common stock are outstanding?: As of June 30, 2026, Graham Holdings had 4,251,268 shares of Class B common stock outstanding.
When was the current buyback authorization approved by the Board?: The Board of Directors authorized the current share-repurchase program on September 12, 2024, permitting the acquisition of up to 500,000 shares of Class B common stock.

execution class-b-shares mid-cap multi-segment-conglomerate

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.