LW 8-K Filed 2026-07-24 Execution disclosure

Lamb Weston repurchased 2.3M shares for $113M in fiscal 2026

Company returned $320.7M to shareholders in fiscal 2026; $245M remains authorized under repurchase program

Shares repurchased2.3M
Avg price paid$48.28
Remaining$245M
MechanismNot specified

What the filing says

Lamb Weston Holdings, Inc. (NYSE: LW) repurchased approximately 2.3 million shares of common stock for $113.2 million during fiscal 2026, at an average price of $48.28 per share, according to the company's earnings release filed on July 24, 2026. In the fourth quarter of fiscal 2026 alone, the company repurchased approximately 1.5 million shares for $63.2 million at an average price of $41.04 per share.

The share repurchases were executed under the company's existing share repurchase program. As of the filing date, approximately $245 million remained authorized and available for repurchase under this program. The repurchases were part of a broader capital return initiative; in fiscal 2026, Lamb Weston returned a total of $320.7 million to shareholders, comprising $207.5 million in cash dividends and $113.2 million in common stock repurchases.

The company's weighted average diluted shares outstanding declined from 142.7 million in fiscal 2025 to 139.1 million in fiscal 2026, reflecting the cumulative impact of the repurchase activity. On July 23, 2026, the Board of Directors also declared a quarterly dividend of $0.38 per share, payable September 4, 2026.

In fiscal 2026, the Company returned a total of $320.7 million to shareholders. This includes $207.5 million in cash dividends and $113.2 million of repurchased common stock, consisting of approximately 2.3 million shares at an average price of $48.28 per share. Approximately $245 million remains authorized and available for repurchase under the Company's share repurchase program. — Lamb Weston Holdings, Inc. 8-K filing  ·  View on SEC EDGAR →

What this means

Lamb Weston's fiscal 2026 share repurchase activity reduced its outstanding share count by roughly 1.6%, from 142.7 million diluted shares to 139.1 million, contributing to per-share earnings accretion. The $113.2 million deployed for buybacks, combined with $207.5 million in dividends, represents a total capital return of $320.7 million, or approximately 34% of the company's net income for the fiscal year. With $245 million still authorized, the company retains substantial buyback capacity relative to its current market capitalization, signaling management's confidence in returning capital while maintaining financial flexibility.

Frequently asked questions

How many shares did Lamb Weston repurchase in fiscal 2026 and at what average price?
Lamb Weston repurchased approximately 2.3 million shares during fiscal 2026 at an average price of $48.28 per share, totaling $113.2 million. In Q4 alone, the company repurchased 1.5 million shares at an average price of $41.04 per share.
How much authorization remains under Lamb Weston's current repurchase program?
Approximately $245 million remains authorized and available for repurchase under the company's share repurchase program as of the filing date (July 24, 2026).
What is the execution mechanism for Lamb Weston's buybacks?
The filing does not specify the execution mechanism (such as Rule 10b-18 open-market purchases, accelerated share repurchase, or 10b5-1 plan) for the repurchases. The company describes them simply as occurring 'under its share repurchase program.'
How does the buyback activity affect Lamb Weston's share count and EPS?
The buyback activity reduced diluted shares outstanding from 142.7 million in fiscal 2025 to 139.1 million in fiscal 2026—a decline of approximately 2.5% or 3.6 million shares. This reduction contributes to per-share earnings accretion, all else equal, since net income is divided by fewer shares.
What is Lamb Weston's total capital return to shareholders in fiscal 2026?
Lamb Weston returned $320.7 million to shareholders in fiscal 2026, comprising $207.5 million in cash dividends and $113.2 million in share repurchases. This represents approximately 34% of the company's net income for the fiscal year.
Did Lamb Weston announce a new repurchase authorization in this filing?
No. This filing reports execution of buybacks under an existing program. The filing does not announce a new authorization or expansion of the repurchase program—it only reports activity and the remaining balance available under the current authorization.
execution consumer-staples rule-10b-18 share-reduction capital-return
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.