How many shares did Mohawk repurchase in Q2 2026?

Mohawk purchased over 600,000 shares during the second quarter of 2026 for approximately $60 million, at an average price of roughly $100 per share.

What was the execution mechanism for this buyback?

The filing does not specify the execution method. It does not disclose whether repurchases were conducted under Rule 10b-18 open-market purchases, a 10b5-1 plan, or another mechanism.

Is this a new buyback program authorization?

No. This filing reports execution under an existing buyback program. No new authorization is announced in this 8-K. Investors should review prior SEC filings to determine the original program terms and remaining authorization.

What impact did the repurchase have on Mohawk's share count?

The 600,000-share repurchase reduced the company's weighted-average diluted share count by approximately 1% (from what it otherwise would have been). The company's reported weighted-average diluted shares for Q2 2026 were 60.9 million.

How does this buyback compare to Mohawk's financial performance?

Mohawk reported strong Q2 results with net sales of $3.0 billion (up 6.8%) and diluted EPS of $3.22. The $60 million repurchase was modest relative to the company's operating cash flow of $316.5 million in the quarter, indicating the buyback was funded from strong operational cash generation.

Will Mohawk continue share repurchases in the second half of 2026?

The filing does not disclose plans for additional repurchases or the remaining authorization balance. Management indicated the company is managing costs and executing capital allocation, but no forward guidance on buyback activity is provided in this earnings release.

MHK 8-K Filed 2026-07-30 Execution disclosure

Mohawk Industries repurchased 600K shares at ~$100 avg in Q2 2026

Flooring giant executed $60M buyback during second quarter under existing repurchase program.

Shares repurchased600K

Avg price paid$100.00

MechanismNot specified

What the filing says

Mohawk Industries executed share repurchases totaling approximately $60 million during the second quarter of 2026, purchasing over 600,000 shares. The company disclosed this execution in its earnings release for Q2 2026, filed as an 8-K on July 30, 2026. CEO Jeff Lorberbaum noted in the release: "As part of our buyback program, we purchased over 600,000 shares during the quarter for approximately $60 million."

Based on the disclosed figures, the average price paid per share was approximately $100 ($60 million ÷ 600,000 shares). The filing does not specify the execution mechanism (Rule 10b-18, accelerated share repurchase, or other), nor does it disclose remaining authorization under an existing program. The repurchases appear to have been conducted under an ongoing buyback program, though no new authorization is announced in this filing.

The buyback activity occurred during a period of strong operational performance. The company reported second-quarter 2026 net sales of $3.0 billion, up 6.8% as reported, with net earnings of $196 million and diluted EPS of $3.22. The repurchase execution represents approximately 1% of the company's weighted-average diluted share count for the period (60.9 million shares).

As part of our buyback program, we purchased over 600,000 shares during the quarter for approximately $60 million. — MOHAWK INDUSTRIES INC 8-K filing · View on SEC EDGAR →

What this means

Mohawk's $60 million repurchase in Q2 2026 represents modest execution under an existing but otherwise undisclosed buyback program. With 600,000 shares retired at approximately $100 per share, the buyback reduced the company's share count by roughly 1%, providing a minor accretion mechanism during a period of solid earnings growth. The filing offers no detail on total authorization remaining or the original program terms, suggesting investors must review prior SEC filings for complete program disclosure. The timing coincides with strong cash generation (Q2 operating cash flow of $316.5 million) and improved financial performance.

Frequently asked questions

How many shares did Mohawk repurchase in Q2 2026?: Mohawk purchased over 600,000 shares during the second quarter of 2026 for approximately $60 million, at an average price of roughly $100 per share.
What was the execution mechanism for this buyback?: The filing does not specify the execution method. It does not disclose whether repurchases were conducted under Rule 10b-18 open-market purchases, a 10b5-1 plan, or another mechanism.
Is this a new buyback program authorization?: No. This filing reports execution under an existing buyback program. No new authorization is announced in this 8-K. Investors should review prior SEC filings to determine the original program terms and remaining authorization.
What impact did the repurchase have on Mohawk's share count?: The 600,000-share repurchase reduced the company's weighted-average diluted share count by approximately 1% (from what it otherwise would have been). The company's reported weighted-average diluted shares for Q2 2026 were 60.9 million.
How does this buyback compare to Mohawk's financial performance?: Mohawk reported strong Q2 results with net sales of $3.0 billion (up 6.8%) and diluted EPS of $3.22. The $60 million repurchase was modest relative to the company's operating cash flow of $316.5 million in the quarter, indicating the buyback was funded from strong operational cash generation.
Will Mohawk continue share repurchases in the second half of 2026?: The filing does not disclose plans for additional repurchases or the remaining authorization balance. Management indicated the company is managing costs and executing capital allocation, but no forward guidance on buyback activity is provided in this earnings release.

execution mid-cap home-furnishings-flooring rule-10b-18-likely q2-2026

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.