How many shares did Matson repurchase in Q2 2026?

Matson repurchased approximately 0.3 million shares for a total cost of $67.8 million during the second quarter of 2026. This includes shares repurchased but not yet settled, as well as taxes on share repurchases to be paid after quarter-end.

How much authorization remains for future buybacks?

As of June 30, 2026, Matson had approximately 3.4 million shares remaining under its share repurchase program authorization. The filing does not specify the dollar value of remaining authorization.

What was the average price per share paid in the repurchase?

The average price paid per share was approximately $226, calculated from the $67.8 million total cost divided by the 0.3 million shares repurchased.

How do these repurchases align with Matson's broader financial strategy?

The repurchases occur during a period of strong operational performance, particularly in the company's China service where higher freight rates and demand supported results. The company continues to manage debt and liquidity while returning capital through buybacks, maintaining $119.3 million in cash and cash equivalents as of quarter-end.

What execution mechanism did Matson use for these buybacks?

The filing does not specify whether Matson used Rule 10b-18 open-market purchases, a 10b5-1 plan, or another method to execute the Q2 repurchases. This detail is not disclosed in the earnings announcement.

MATX 8-K Filed 2026-07-15 Execution disclosure

Matson repurchased 0.3M shares for $67.8M in Q2 2026

Company spent $67.8 million on buybacks in second quarter; 3.4M shares remain authorized.

Shares repurchased300K

Avg price paid$226.00

MechanismNot specified

What the filing says

Matson, Inc. repurchased approximately 0.3 million shares during the second quarter of 2026 for a total cost of $67.8 million, according to the company's preliminary earnings announcement filed on July 15, 2026. The buyback activity was disclosed in the company's earnings update alongside second-quarter financial results, which included preliminary consolidated operating income expectations of $153.0 to $160.0 million.

As of June 30, 2026, the company had approximately 3.4 million shares remaining under its share repurchase authorization. The filing notes that the repurchase total includes stock repurchased during the quarter but not yet settled, as well as taxes on share repurchases that will be paid after the quarter end. The buyback execution mechanism is not explicitly specified in the filing.

The repurchase activity reflects Matson's capital allocation strategy during a period of strong operational performance, driven by higher contribution from the company's China service and favorable Transpacific market conditions. The company noted expectations that its China service would operate at or near capacity through peak season.

During the second quarter of 2026, Matson repurchased approximately 0.3 million shares for a total cost of $67.8 million. As of June 30, 2026, the Company had approximately 3.4 million shares remaining in its share repurchase program. — Matson, Inc. 8-K filing · View on SEC EDGAR →

What this means

Matson's Q2 2026 repurchase of 0.3 million shares at an average price of approximately $226 per share reflects ongoing capital return activity under an existing authorization. With 3.4 million shares remaining, the company maintains dry powder for future buybacks. The repurchase occurs in the context of strong quarterly performance driven by China service momentum and favorable freight rates, though the filing provides no forward guidance on additional repurchase timing or targets. The buyback activity reduces share count modestly and represents one element of the company's capital management alongside debt levels of $341.3 million as of quarter-end.

Frequently asked questions

How many shares did Matson repurchase in Q2 2026?: Matson repurchased approximately 0.3 million shares for a total cost of $67.8 million during the second quarter of 2026. This includes shares repurchased but not yet settled, as well as taxes on share repurchases to be paid after quarter-end.
How much authorization remains for future buybacks?: As of June 30, 2026, Matson had approximately 3.4 million shares remaining under its share repurchase program authorization. The filing does not specify the dollar value of remaining authorization.
What was the average price per share paid in the repurchase?: The average price paid per share was approximately $226, calculated from the $67.8 million total cost divided by the 0.3 million shares repurchased.
How do these repurchases align with Matson's broader financial strategy?: The repurchases occur during a period of strong operational performance, particularly in the company's China service where higher freight rates and demand supported results. The company continues to manage debt and liquidity while returning capital through buybacks, maintaining $119.3 million in cash and cash equivalents as of quarter-end.
What execution mechanism did Matson use for these buybacks?: The filing does not specify whether Matson used Rule 10b-18 open-market purchases, a 10b5-1 plan, or another method to execute the Q2 repurchases. This detail is not disclosed in the earnings announcement.

execution transportation mid-cap Q2-2026 oceanic-shipping

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.