J 8-K Filed 2026-08-04 Execution disclosure

Jacobs repurchased $142M in Q3, $614M year-to-date

Company executes ongoing share-repurchase program alongside strong FY2026 operational and cash-flow performance

MechanismNot specified

What the filing says

Jacobs Solutions Inc. repurchased $142 million of its common stock during fiscal Q3 2026 (ended June 26, 2026), bringing year-to-date repurchases to $614 million. The company reported strong cash generation of $456 million from operations in Q3, enabling the repurchase activity while simultaneously reducing net leverage to below year-end targets.

According to the company's cash flow statement, the $142 million Q3 repurchase represents execution under what appears to be an ongoing authorization framework, with the activity funded from strong operational cash generation. The year-to-date total of $614 million reflects consistent capital allocation discipline, with repurchases paced alongside the company's PA Consulting Transaction completion in March 2026 and other strategic priorities.

Jacobs did not announce a new or expanded repurchase authorization in this filing. The company's CFO noted that the combination of "top-tier revenue growth" and "solid quarter-over-quarter improvement in margin profile" generated sufficient free cash flow to both reduce net leverage and support the ongoing share-repurchase program. The execution mechanism was not specified in the filing.

Repurchased $142 Million of Jacobs Shares in Q3, $614 Million Year-to-Date — JACOBS SOLUTIONS INC. 8-K filing  ·  View on SEC EDGAR →

What this means

Jacobs' $614 million year-to-date repurchase reflects active capital deployment during a period of strong business momentum and cash generation. With approximately 117.1 million shares outstanding as of June 26, 2026 (down from 119.1 million a year earlier), the cumulative repurchase activity has produced a modest share-count reduction of roughly 1.7%. The company's approach balances buyback execution with debt management—the filing indicates net leverage has been reduced below year-end targets despite the $614 million in repurchases, suggesting strong free cash flow sufficiency. No new authorization details were disclosed, indicating this activity continues under an existing program.

Frequently asked questions

What amount did Jacobs repurchase in Q3 2026 and year-to-date?
Jacobs repurchased $142 million of common stock in Q3 2026 and $614 million year-to-date through the nine-month period ended June 26, 2026. These figures appear in both the earnings release headline and the cash flow statement under 'Common stock repurchases.'
How many shares were repurchased, and at what average price?
The filing does not disclose the number of shares repurchased or the average price paid per share. The company reported only the dollar amounts expended on repurchases in the cash flow statement and earnings highlights.
Was a new repurchase authorization announced in this filing?
No. This filing reports execution of an ongoing repurchase program but does not announce a new or expanded authorization. The company did not specify the total authorization amount, remaining authorization, or expiration date of the program.
How did Jacobs fund the $614 million in year-to-date repurchases?
The company funded repurchases from strong operational cash flow. Q3 alone generated $456 million in cash from operating activities, and the nine-month total was $352.8 million before adjustments. Management noted that the combination of revenue growth and improved margins, coupled with good operating performance, drove solid free cash flow that enabled both share repurchases and net leverage reduction.
What execution mechanism did Jacobs use for these repurchases?
The filing does not specify the repurchase mechanism—whether Rule 10b-18 open-market purchases, a 10b5-1 plan, an accelerated share repurchase (ASR), or another method. Only the dollar amounts and timing are disclosed.
How has the share count changed as a result of these repurchases?
As of June 26, 2026, Jacobs had approximately 117.1 million shares outstanding, down from 119.1 million as of September 26, 2025 (one year earlier). The year-to-date $614 million in repurchases contributed to this approximate 1.7 million share reduction, though other factors such as share issuances ($26.2 million in proceeds year-to-date) and employee stock plans also affect the count.
execution infrastructure-engineering mid-cap ongoing-program cash-flow-funded
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.