J.Jill repurchased 99,902 shares in Q2 FY26
Execution under $25M program with $11.8M remaining; expiration December 6, 2026
What the filing says
J.Jill repurchased 99,902 shares during the second quarter of fiscal 2026 ended August 1, 2026, for an aggregate purchase price of $1.5 million, representing an average price of approximately $15.02 per share. For the twenty-six-week period, the Company repurchased 168,402 shares for $2.3 million total.
As of August 1, 2026, J.Jill had $11.8 million remaining under its currently authorized $25.0 million share repurchase program, which expires December 6, 2026. Shares may be repurchased through open-market transactions, block trades, privately negotiated purchases, or other techniques, including purchases under Rule 10b5-1 trading plans. The program is funded through existing cash and future free cash flow, and the timing and number of shares repurchased remain at management's discretion and subject to market conditions, stock price, earnings, financial condition, and other factors.
During the thirteen and twenty-six weeks ended August 1, 2026, the Company repurchased 99,902 and 168,402 shares of its common stock for an aggregate purchase price of $1.5 million and $2.3 million, respectively. — J.Jill, Inc. 8-K filing · View on SEC EDGAR →
What this means
The execution reflects modest buyback activity at a modest valuation: approximately 1.5 million shares repurchased year-to-date at an average of roughly $15 per share, compared to the company's current market value and recent earnings performance. With $11.8 million remaining on a $25.0 million authorization expiring in December 2026, the company has flexibility to continue repurchases but is not aggressively deploying capital into buybacks. The second quarter repurchase of 99,902 shares represents a modest 0.67% reduction in the approximately 15 million weighted-average diluted share count. Against the company's Q2 net income of $16.8 million and free cash flow of $44.0 million in the quarter, buyback spending remained conservative.
Frequently asked questions
- How many shares did J.Jill repurchase in Q2 FY26?
- J.Jill repurchased 99,902 shares during the thirteen weeks ended August 1, 2026, for an aggregate purchase price of $1.5 million, at an average price of approximately $15.02 per share. For the full twenty-six weeks, the company repurchased 168,402 shares for $2.3 million.
- How much authorization remains under J.Jill's buyback program?
- As of August 1, 2026, J.Jill had $11.8 million remaining under its $25.0 million authorized share repurchase program. The program expires on December 6, 2026, giving the company about three months to execute any remaining buybacks before the authorization lapses.
- What mechanisms may J.Jill use to execute repurchases?
- The company may repurchase shares through open-market transactions, block trades, privately negotiated purchases, or other techniques. Repurchases may also be effected under Rule 10b5-1 trading plans, which allow pre-planned buybacks under specific conditions.
- How is the buyback program funded?
- The repurchase program is expected to be funded through J.Jill's existing cash and future free cash flow. In Q2 FY26, the company generated $44.0 million in free cash flow, providing substantial capacity to fund ongoing buybacks or other capital allocation priorities.
- Why might J.Jill be repurchasing shares at this time?
- Share repurchases can reduce share count, support earnings per share, and return cash to shareholders. However, the filing does not specify J.Jill's strategic rationale; the company states that the timing and number of shares repurchased remain subject to discretion and market conditions.