How many shares did Loews repurchase in Q2 2026?

Loews repurchased 1.4 million shares of its common stock during the three months ended June 30, 2026, for a total cost of $146 million, or approximately $104.29 per share.

Does Loews have a formal buyback authorization?

The filing does not disclose a specific board-authorized buyback program with a dollar cap or expiration date. Instead, Loews indicates it may purchase shares 'from time to time' in the open market, subject to market conditions and the Rule 10b-18 safe harbor.

What mechanism does Loews use for share repurchases?

Loews executes repurchases through open-market purchases, which may or may not satisfy the conditions of Rule 10b-18, as well as through privately negotiated transactions or other methods at the company's discretion.

How does the Q2 buyback impact Loews's share count?

The 1.4 million share repurchase reduced the outstanding share count from approximately 205.8 million (weighted average for Q2) to 204.4 million as of quarter-end, contributing to higher earnings per share in the period.

What is Loews's capital position relative to the buyback?

As of June 30, 2026, Loews's parent company held $4.4 billion in cash and investments and $1.8 billion in debt. The company appears to pursue repurchases opportunistically while maintaining strong liquidity to fund operations across its diversified portfolio of subsidiaries.

How does Loews prioritize capital allocation?

The filing suggests share repurchases are one of several capital allocation tools available to Loews, executed alongside dividend payments and reinvestment in its operating subsidiaries (CNA Financial, Boardwalk Pipelines, and Loews Hotels & Co).

L 8-K Filed 2026-08-03 Execution disclosure

Loews repurchased 1.4M shares at $104.29 avg in Q2 2026

Diversified holding company executed $146M buyback during second quarter under open-market authority

Shares repurchased1.4M

Avg price paid$104.29

MechanismRule 10b-18 open-market purcha

What the filing says

Loews Corporation executed a share repurchase of 1.4 million common shares during the second quarter of 2026, spending $146 million at an average price of $104.29 per share. The company stated it may "from time to time purchase shares of its and its subsidiaries' outstanding common stock in the open market (including, with respect to Loews common stock, in open market transactions that may or may not satisfy all of the conditions of the Rule 10b-18 voluntary safe harbor), in privately negotiated transactions or otherwise."

As of June 30, 2026, Loews had 204.4 million shares outstanding, down from 206.0 million at December 31, 2025. The filing does not disclose a specific authorization amount or remaining authorization balance for this repurchase program. The buyback was reported as part of Loews's second-quarter 2026 earnings release, during which the company reported net income of $444 million, or $2.16 per share.

Loews's Q2 2026 repurchase represents a modest share reduction during a quarter of positive earnings growth. At $146 million, the buyback is consistent with a diversified holding company managing capital opportunistically in the open market, rather than a large-scale or accelerated program. With book value per share rising to $93.52 from $90.71 year-to-date, the repurchase contributed to per-share metrics while the company maintains significant liquidity ($4.4 billion in cash and investments at quarter-end). The filing does not specify a formal authorization cap, suggesting purchases are discretionary and subject to market conditions and capital allocation priorities across its insurance, energy, hospitality, and packaging subsidiaries.

Loews Corporation repurchased 1.4 million shares of its common stock during the second quarter of 2026 for a total cost of $146 million. — LOEWS CORP 8-K filing · View on SEC EDGAR →

What this means

Frequently asked questions

How many shares did Loews repurchase in Q2 2026?: Loews repurchased 1.4 million shares of its common stock during the three months ended June 30, 2026, for a total cost of $146 million, or approximately $104.29 per share.
Does Loews have a formal buyback authorization?: The filing does not disclose a specific board-authorized buyback program with a dollar cap or expiration date. Instead, Loews indicates it may purchase shares 'from time to time' in the open market, subject to market conditions and the Rule 10b-18 safe harbor.
What mechanism does Loews use for share repurchases?: Loews executes repurchases through open-market purchases, which may or may not satisfy the conditions of Rule 10b-18, as well as through privately negotiated transactions or other methods at the company's discretion.
How does the Q2 buyback impact Loews's share count?: The 1.4 million share repurchase reduced the outstanding share count from approximately 205.8 million (weighted average for Q2) to 204.4 million as of quarter-end, contributing to higher earnings per share in the period.
What is Loews's capital position relative to the buyback?: As of June 30, 2026, Loews's parent company held $4.4 billion in cash and investments and $1.8 billion in debt. The company appears to pursue repurchases opportunistically while maintaining strong liquidity to fund operations across its diversified portfolio of subsidiaries.
How does Loews prioritize capital allocation?: The filing suggests share repurchases are one of several capital allocation tools available to Loews, executed alongside dividend payments and reinvestment in its operating subsidiaries (CNA Financial, Boardwalk Pipelines, and Loews Hotels & Co).

execution rule-10b-18 diversified-holding-company q2-2026 open-market-purchase

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.