How much did ITT spend on share repurchases in H1 2026?

ITT repurchased $104.9 million of its common stock during the first six months of 2026, according to its consolidated cash flow statement. This represented a significant decline from $500.8 million repurchased in the same period of 2025.

Why did buyback spending decline so sharply year-over-year?

The substantial reduction reflects ITT's acquisition of SPX FLOW, which closed in the period. The company used proceeds from $2.87 billion in long-term debt issuance and commercial paper borrowings to fund the acquisition, reducing available capital for repurchases and prioritizing debt management.

Does this filing specify shares repurchased or the average price paid?

No. The earnings release discloses only the dollar amount ($104.9M) spent on repurchases. The filing does not provide the number of shares repurchased, average price per share, or details about the execution mechanism.

What is the remaining authorization for ITT's repurchase program?

The filing does not disclose the remaining authorization capacity, the total program authorization, or any other details regarding the size or scope of the existing repurchase plan.

Is ITT likely to continue buybacks at this reduced rate?

Management has not provided guidance on future repurchase plans in this filing. Given that ITT is in the integration phase of the SPX FLOW acquisition and managing increased debt levels, near-term repurchase activity may remain subdued, but this depends on cash flow generation and debt reduction priorities.

How does the acquisition affect ITT's capital allocation strategy?

The SPX FLOW acquisition has shifted ITT's focus toward debt reduction and integration costs. While the company maintained some buyback activity, the 79% decline in repurchase spending indicates that debt management and operational integration currently take priority over aggressive share repurchases.

ITT 8-K Filed 2026-08-06 Execution disclosure

ITT repurchased $104.9M in shares during first half of 2026

Share buyback activity disclosed in earnings release cash flow statement; execution ongoing under repurchase plan.

MechanismNot specified

What the filing says

ITT Inc. reported share repurchase activity of $104.9 million during the first six months of 2026, as disclosed in its consolidated cash flow statement filed as Exhibit 99.1 to the August 6, 2026 8-K earnings release. The company executed buybacks under its existing repurchase plan, reducing outstanding shares as part of its capital allocation strategy.

The repurchase activity occurred in the context of the SPX FLOW acquisition, which closed in the period and significantly increased ITT's debt and share count. While the filing discloses the $104.9 million in six-month repurchase spend, it does not specify the number of shares repurchased, the average price per share, the execution mechanism (10b-18, ASR, or other), or remaining authorization capacity.

For comparison, ITT spent $500.8 million on share repurchases during the same six-month period in 2025, indicating a substantial reduction in buyback activity year-over-year as the company prioritized debt repayment and integration costs related to the acquisition.

ITT's $104.9 million in share repurchases during H1 2026 represented a 79% decline from the $500.8 million repurchased in the prior-year period, reflecting a strategic shift in capital allocation priorities following the SPX FLOW acquisition. The company incurred $3.5 billion in acquisition-related cash outflows and increased long-term debt to $2.87 billion, leaving less capital available for share buybacks. The repurchase activity signals ITT's continued commitment to returning capital, but the reduced pace demonstrates prudent balance-sheet management during a major integration process. Without disclosure of remaining authorization or detailed execution parameters, investors cannot assess the ongoing scope of the program.

Share repurchases under repurchase plan (104.9) [million for six months ended July 4, 2026] — ITT INC. 8-K filing · View on SEC EDGAR →

What this means

Frequently asked questions

How much did ITT spend on share repurchases in H1 2026?: ITT repurchased $104.9 million of its common stock during the first six months of 2026, according to its consolidated cash flow statement. This represented a significant decline from $500.8 million repurchased in the same period of 2025.
Why did buyback spending decline so sharply year-over-year?: The substantial reduction reflects ITT's acquisition of SPX FLOW, which closed in the period. The company used proceeds from $2.87 billion in long-term debt issuance and commercial paper borrowings to fund the acquisition, reducing available capital for repurchases and prioritizing debt management.
Does this filing specify shares repurchased or the average price paid?: No. The earnings release discloses only the dollar amount ($104.9M) spent on repurchases. The filing does not provide the number of shares repurchased, average price per share, or details about the execution mechanism.
What is the remaining authorization for ITT's repurchase program?: The filing does not disclose the remaining authorization capacity, the total program authorization, or any other details regarding the size or scope of the existing repurchase plan.
Is ITT likely to continue buybacks at this reduced rate?: Management has not provided guidance on future repurchase plans in this filing. Given that ITT is in the integration phase of the SPX FLOW acquisition and managing increased debt levels, near-term repurchase activity may remain subdued, but this depends on cash flow generation and debt reduction priorities.
How does the acquisition affect ITT's capital allocation strategy?: The SPX FLOW acquisition has shifted ITT's focus toward debt reduction and integration costs. While the company maintained some buyback activity, the 79% decline in repurchase spending indicates that debt management and operational integration currently take priority over aggressive share repurchases.

execution industrial-sector acquisition-related cash-flow-disclosure reduced-buybacks

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.