How much of the $50 million buyback authorization has J&J Snack Foods used so far?

As of June 27, 2026, the company has used $32 million of the $50 million authorization in the first nine months of fiscal 2026, leaving $18 million available. At this pace, the authorization would be substantially exhausted within the next four quarters.

What was the average price paid per share in Q3?

The company repurchased 135,852 shares for $10 million in the quarter, implying an average price of approximately $73.65 per share. The filing does not disclose the date range or any price volatility during the quarter.

How does the buyback reduce share count?

Repurchasing shares reduces the total shares outstanding, which mechanically reduces the denominator in earnings-per-share calculations. J&J Snack Foods' weighted-average diluted share count declined from 19.5 million to 18.7 million year-over-year, helping to cushion the EPS impact of a 20.1% drop in net earnings.

What execution mechanism did J&J Snack Foods use for the repurchase?

The filing does not specify whether the buyback was executed under Rule 10b-18 open-market purchases, a 10b5-1 trading plan, or another mechanism. The company disclosed only the total shares and dollar amount for the quarter.

Why is the company returning capital to shareholders during a sales decline?

Management has signaled confidence in a sales recovery in Q4 and fiscal 2027 following its Apollo transformation program. The company generated $100.4 million in operating cash flow during the first nine months, providing capacity for both dividends and buybacks despite near-term revenue headwinds.

JJSF 8-K Filed 2026-08-05 Execution disclosure

J&J Snack Foods repurchased 135,852 shares for $10M in Q3

$18M remains under the company's $50M repurchase authorization as of June 27, 2026.

Shares repurchased136K

Avg price paid$73.65

Remaining$18M

MechanismNot specified

What the filing says

J&J Snack Foods Corp. repurchased 135,852 shares of common stock for $10 million during its fiscal 2026 third quarter ended June 27, 2026. As of quarter-end, $18 million remained available under the company's $50 million share repurchase program that was previously approved by the Board of Directors.

The repurchase activity was disclosed in the company's earnings report filed as an 8-K on August 5, 2026. The execution mechanism and any plan structure were not specified in the filing. Based on the shares repurchased and total dollar amount, the average price paid was approximately $73.65 per share during the quarter.

This buyback activity occurs as J&J Snack Foods navigates a challenging operating environment marked by a 6.2% year-over-year decline in net sales to $426.0 million for Q3. The company is executing a multi-year transformation program (Apollo) focused on operational efficiency and plant consolidation, with management expressing confidence in a sales recovery in the fourth quarter and a return to top-line growth in fiscal 2027.

During the quarter, we repurchased 135,852 shares of common stock for $10 million. As of June 27, 2026, there was $18 million remaining under the $50 million share repurchase program approved by the Board of Directors. — J&J SNACK FOODS CORP 8-K filing · View on SEC EDGAR →

What this means

J&J Snack Foods has returned $32 million to shareholders via repurchases during the first nine months of fiscal 2026 (per the cash-flow statement), consuming 64% of its $50 million authorization. At the current pace of $10 million per quarter, the company has roughly four quarters of buyback capacity remaining. The repurchase reduces share count—the weighted-average diluted share count fell to 18.7 million from 19.5 million year-over-year—offsetting some of the earnings-per-share pressure from the 20.1% decline in net earnings. This capital allocation signals management confidence despite near-term revenue headwinds and execution risks tied to the Apollo transformation program.

Frequently asked questions

How much of the $50 million buyback authorization has J&J Snack Foods used so far?: As of June 27, 2026, the company has used $32 million of the $50 million authorization in the first nine months of fiscal 2026, leaving $18 million available. At this pace, the authorization would be substantially exhausted within the next four quarters.
What was the average price paid per share in Q3?: The company repurchased 135,852 shares for $10 million in the quarter, implying an average price of approximately $73.65 per share. The filing does not disclose the date range or any price volatility during the quarter.
How does the buyback reduce share count?: Repurchasing shares reduces the total shares outstanding, which mechanically reduces the denominator in earnings-per-share calculations. J&J Snack Foods' weighted-average diluted share count declined from 19.5 million to 18.7 million year-over-year, helping to cushion the EPS impact of a 20.1% drop in net earnings.
What execution mechanism did J&J Snack Foods use for the repurchase?: The filing does not specify whether the buyback was executed under Rule 10b-18 open-market purchases, a 10b5-1 trading plan, or another mechanism. The company disclosed only the total shares and dollar amount for the quarter.
Why is the company returning capital to shareholders during a sales decline?: Management has signaled confidence in a sales recovery in Q4 and fiscal 2027 following its Apollo transformation program. The company generated $100.4 million in operating cash flow during the first nine months, providing capacity for both dividends and buybacks despite near-term revenue headwinds.

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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.