How many shares has Gentex repurchased year-to-date in 2026?

Through June 30, 2026, Gentex has repurchased 5.9 million shares for a total of $137.6 million at an average price of $23.13 per share. In Q2 specifically, the company repurchased 2.7 million shares at an average price of $24.48 per share for $66.0 million.

How much authorization remains for future repurchases?

As of June 30, 2026, Gentex has approximately 29.9 million shares remaining available for repurchase under its previously announced share repurchase plan. The filing does not disclose the dollar value of remaining authorization.

What factors affect Gentex's repurchase decisions?

According to the filing, the company intends to continue repurchasing shares to support its capital allocation strategy, but repurchases will vary based on macroeconomic issues, market trends, and other factors the company deems appropriate. This provides flexibility to adjust repurchase pace depending on business and market conditions.

How do the repurchases affect Gentex's earnings per share?

Gentex reported diluted earnings per share of $0.54 for Q2 2026, up 26% compared to $0.43 in Q2 2025. The share count reduction from repurchases contributes to EPS accretion, though the company's strong operational performance—with net income up 19%—was the primary driver of EPS growth.

Does Gentex's buyback program have an expiration date?

The filing does not disclose the expiration date or original authorization amount of the repurchase plan. It only states that 29.9 million shares remain available as of June 30, 2026.

How do these repurchases fit into the company's broader capital strategy?

Gentex emphasized capital discipline and shareholder value creation in its earnings release, with management stating they deploy capital 'in a disciplined manner' to drive earnings growth and long-term shareholder value. The company is also investing heavily in new product technologies while managing operating expenses tightly.

GNTX 8-K Filed 2026-07-24 Execution disclosure

Gentex repurchased 2.7M shares for $66M in Q2 2026

Company has 29.9M shares remaining under its repurchase plan; year-to-date execution at $137.6M across 5.9M shares.

Shares repurchased2.7M

Avg price paid$24.48

MechanismRule 10b-18 open-market purcha

What the filing says

Gentex Corporation repurchased 2.7 million shares of common stock during the second quarter of 2026 at an average price of $24.48 per share, for a total of $66.0 million. Year-to-date through June 30, 2026, the company has repurchased 5.9 million shares for a total of $137.6 million at an average price of $23.13 per share.

As of June 30, 2026, Gentex has approximately 29.9 million shares remaining available for repurchase pursuant to its previously announced share repurchase plan. The company stated it intends to continue repurchasing shares in support of its capital allocation strategy, but noted that repurchases will vary based on macroeconomic conditions, market trends, and other factors the company deems appropriate.

The share repurchases occurred while the company reported strong Q2 financial performance, including net income of $114.7 million and diluted earnings per share of $0.54, up 26% compared to the prior year quarter. Gross margin expanded to 37.0% from 34.2% in the year-ago period, driven in part by tariff reimbursements and favorable product mix.

During the second quarter of 2026, the Company repurchased 2.7 million shares of its common stock at an average price of $24.48 per share, for a total of $66.0 million. Year-to-date, the Company has repurchased 5.9 million shares for a total of $137.6 million, at an average price of $23.13 per share. As of June 30, 2026, the Company has approximately 29.9 million shares remaining available for repurchase pursuant to its previously announced share repurchase plan. — GENTEX CORP 8-K filing · View on SEC EDGAR →

What this means

Gentex executed $137.6 million in share repurchases during the first half of 2026, representing a meaningful but measured capital deployment strategy. With 29.9 million shares remaining under authorization, the company retains substantial dry powder for future buybacks. The per-share cost of $23.13 year-to-date reflects disciplined execution and aligns with the company's stated flexibility to adjust repurchase timing based on market and macro conditions. The buyback activity represents a modest but consistent return of capital alongside the company's stated focus on operational efficiency, gross margin expansion, and strategic investments in new product technologies and market expansion.

Frequently asked questions

How many shares has Gentex repurchased year-to-date in 2026?: Through June 30, 2026, Gentex has repurchased 5.9 million shares for a total of $137.6 million at an average price of $23.13 per share. In Q2 specifically, the company repurchased 2.7 million shares at an average price of $24.48 per share for $66.0 million.
How much authorization remains for future repurchases?: As of June 30, 2026, Gentex has approximately 29.9 million shares remaining available for repurchase under its previously announced share repurchase plan. The filing does not disclose the dollar value of remaining authorization.
What factors affect Gentex's repurchase decisions?: According to the filing, the company intends to continue repurchasing shares to support its capital allocation strategy, but repurchases will vary based on macroeconomic issues, market trends, and other factors the company deems appropriate. This provides flexibility to adjust repurchase pace depending on business and market conditions.
How do the repurchases affect Gentex's earnings per share?: Gentex reported diluted earnings per share of $0.54 for Q2 2026, up 26% compared to $0.43 in Q2 2025. The share count reduction from repurchases contributes to EPS accretion, though the company's strong operational performance—with net income up 19%—was the primary driver of EPS growth.
Does Gentex's buyback program have an expiration date?: The filing does not disclose the expiration date or original authorization amount of the repurchase plan. It only states that 29.9 million shares remain available as of June 30, 2026.
How do these repurchases fit into the company's broader capital strategy?: Gentex emphasized capital discipline and shareholder value creation in its earnings release, with management stating they deploy capital 'in a disciplined manner' to drive earnings growth and long-term shareholder value. The company is also investing heavily in new product technologies while managing operating expenses tightly.

execution open-market automotive-supplier second-quarter-2026 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.