HRB 8-K Filed 2026-08-11 Execution disclosure

H&R Block repurchased 10.5M shares for $500.3M in fiscal 2026

Company bought back 7.9% of shares outstanding at $47.48/share; $600M remains on $1.5B program

Shares repurchased10.5M
Avg price paid$47.48
Remaining$600M
MechanismNot specified

What the filing says

H&R Block repurchased and retired approximately 10.5 million shares during fiscal 2026 (year ended June 30, 2026) at an aggregate price of $500.3 million, representing an average price of $47.48 per share. The repurchases accounted for 7.9% of shares outstanding at the time of execution.

The company operates under a $1.5 billion share repurchase program authorized by its Board of Directors. As of the fiscal year-end, approximately $600 million remained available under this authorization. During fiscal 2026, H&R Block returned a total of $713.7 million to shareholders through a combination of dividends and share repurchases as part of its disciplined capital allocation strategy.

The reduction in share count contributed to higher adjusted earnings per share, which increased 13.9% to $5.31 for fiscal 2026, driven by both the lower share count from repurchases and higher adjusted net income. Since 2016, the company has returned more than $5.2 billion to shareholders via dividends and share repurchases, buying back over 48% of its shares outstanding as of April 30, 2016.

In fiscal 2026, the Company repurchased and retired approximately 10.5 million shares, or 7.9% of shares outstanding, at an aggregate price of $500.3 million, or $47.48 per share. — H&R BLOCK INC 8-K filing  ·  View on SEC EDGAR →

What this means

H&R Block's fiscal 2026 buyback removed 10.5 million shares from circulation, representing a significant reduction of 7.9% of shares then outstanding. This execution reduced share count to 128.9 million weighted average diluted shares by year-end (down from 137.3 million in the prior year), a material driver of the 13.9% increase in adjusted EPS despite more modest 6.9% growth in adjusted net income. With $600 million remaining on a $1.5 billion program, the company maintains substantial dry powder for continued capital return. In the context of H&R Block's nine consecutive annual dividend increases and $5.2 billion in total shareholder returns since 2016, the buyback reflects a consistent commitment to returning capital while investing in operations.

Frequently asked questions

How many shares did H&R Block repurchase in fiscal 2026?
H&R Block repurchased and retired approximately 10.5 million shares at an aggregate price of $500.3 million, or $47.48 per share. This represented 7.9% of shares outstanding at the time.
How much authorization remains on the buyback program?
The company has approximately $600 million remaining on its $1.5 billion share repurchase program. The Board of Directors authorized the original program, and the company continues to execute repurchases under this authorization.
How did the buyback impact H&R Block's earnings per share?
The reduction in share count from the 10.5 million share repurchase was a key driver of adjusted diluted EPS growth of 13.9% to $5.31 in fiscal 2026, even though adjusted net income grew by only 6.9%. The lower share count amplified per-share profitability.
What is H&R Block's total shareholder return strategy?
H&R Block combines quarterly dividends (recently increased by 10% to $0.46 per share) with share repurchases as part of its disciplined capital allocation. In fiscal 2026 alone, the company returned $713.7 million to shareholders. Since 2016, it has returned over $5.2 billion through dividends and buybacks.
How frequently does H&R Block repurchase shares?
The filing does not specify the execution mechanism or timing cadence for repurchases. H&R Block operates under a standing $1.5 billion program and executes repurchases as part of ongoing capital allocation, but specific details on Rule 10b-18 windows or other execution parameters are not disclosed in this earnings release.
What percentage of H&R Block's shares have been bought back since 2016?
Since 2016, H&R Block has bought back over 48% of its shares outstanding as of April 30, 2016, using more than $5.2 billion in capital for dividends and repurchases combined. This substantial reduction in share count reflects a long-term capital return commitment.
execution rule-10b-18 mega-cap fiscal-2026 earnings-release capital-allocation
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.