How much buyback authorization remains available?

As of June 30, 2026, approximately $10.0 million remained available for future repurchases under the Company's previously announced Share Repurchase Program.

When did Karat Packaging last repurchase shares?

The filing states that no shares were repurchased during the first quarter of 2026 or during the six months ended June 30, 2025, meaning the Q2 2026 activity was the only buyback execution disclosed in this period.

What execution mechanism was used for the Q2 repurchases?

The filing does not specify the execution mechanism (e.g., Rule 10b-18, ASR, or other method) used for the second-quarter share repurchases.

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

Karat Packaging repurchased 73,510 shares at $27.11 average in Q2

Distributor executes buybacks under existing program; $10M authorization remains available

Shares repurchased74K

Avg price paid$27.11

Remaining$10M

MechanismNot specified

What the filing says

Karat Packaging Inc. (Nasdaq: KRT) repurchased 73,510 shares of common stock during the second quarter of 2026 at an average price of $27.11 per share, for a total investment of approximately $2.0 million. The repurchases were executed under the Company's previously announced Share Repurchase Program.

As of June 30, 2026, approximately $10.0 million remained available for future repurchases under the program. The Company noted that no shares were repurchased during the first quarter of 2026 or during the six-month period ended June 30, 2025, indicating the buyback activity was limited to the second quarter of this year.

The share repurchases occurred amid a period of strong financial performance. The Company reported record quarterly net sales of $136.3 million in Q2 2026, up 9.9% year-over-year, and net income of $29.6 million, up 168.3% from the prior-year quarter. The second-quarter execution mechanism is not specified in the filing.

During the second quarter of 2026, the Company repurchased 73,510 shares of its common stock at an average price of $27.11 per share, for a total investment of approximately $2.0 million, under its previously announced Share Repurchase Program. — Karat Packaging Inc. 8-K filing · View on SEC EDGAR →

What this means

Karat Packaging's $2.0 million repurchase in Q2 represents modest capital return activity relative to the company's strong near-term earnings trajectory, which benefited materially from $25.8 million in International Emergency Economic Powers Act (IEEPA) tariff refunds. The $10 million remaining authorization provides the company flexibility for future repurchases, though the filing does not quantify the total program size or disclose when it was originally approved. With weighted average diluted shares of approximately 20.1 million in the first half of 2026, the 73,510-share reduction represents approximately 0.37% dilution reversal for the half-year. The buyback activity occurred during a period of strong profitability and positive operational momentum, including 23.6% online sales growth.

Frequently asked questions

How much did Karat Packaging spend on share repurchases in Q2 2026?: The Company repurchased 73,510 shares at an average price of $27.11 per share, for a total investment of approximately $2.0 million during the second quarter of 2026.
How much buyback authorization remains available?: As of June 30, 2026, approximately $10.0 million remained available for future repurchases under the Company's previously announced Share Repurchase Program.
When did Karat Packaging last repurchase shares?: The filing states that no shares were repurchased during the first quarter of 2026 or during the six months ended June 30, 2025, meaning the Q2 2026 activity was the only buyback execution disclosed in this period.
What was driving Karat Packaging's financial performance when it repurchased shares?: The company reported record quarterly net sales of $136.3 million, up 9.9% year-over-year, and net income of $29.6 million, up 168.3% from the prior-year quarter, benefiting significantly from $25.8 million in IEEPA tariff refunds and 23.6% online sales growth.
What execution mechanism was used for the Q2 repurchases?: The filing does not specify the execution mechanism (e.g., Rule 10b-18, ASR, or other method) used for the second-quarter share repurchases.

execution q2-2026 foodservice-packaging rule-10b-18-eligible mid-cap 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.