What is the December 5, 2024 share repurchase program?

Movado Group authorized a share repurchase program on December 5, 2024. This filing discloses execution activity under that program during the first half of fiscal 2027, with $44.6 million remaining as of July 31, 2026, but the original authorization amount is not stated in this earnings announcement.

How many shares did Movado repurchase in the first six months of fiscal 2027?

Movado repurchased 61,000 shares during the first six months of fiscal 2027 (ended July 31, 2026) under the December 5, 2024 program. The company paid $1.5 million on these repurchases, but the average price per share is not disclosed in the filing.

How much authorization remains under the program?

As of July 31, 2026, Movado had $44.6 million remaining available under the share repurchase program. This represents the dollar value available for future repurchases.

How does the buyback compare to Movado's total shares outstanding?

The 61,000 shares repurchased represent approximately 0.27% of Movado's 23.1 million weighted diluted average shares outstanding in Q2 fiscal 2027. This is a modest reduction in share count and is consistent with measured capital allocation alongside the company's quarterly dividend program.

What is Movado's financial position to support ongoing buybacks?

Movado ended Q2 fiscal 2027 with $211.6 million in cash and no debt, providing substantial liquidity to fund both its $44.6 million remaining buyback authorization and its quarterly dividend ($0.40 per share). The company's strong balance sheet reflects improved operational performance in the first half of fiscal 2027.

MOVAA 8-K Filed 2026-08-26 Execution disclosure

Movado Group repurchased 61,000 shares in first half of fiscal 2027

Company executed buybacks under December 2024 authorization; $44.6M remains available as of July 31, 2026.

Shares repurchased61K

Remaining$45M

MechanismNot specified

What the filing says

Movado Group, Inc. repurchased 61,000 shares during the first six months of fiscal 2027 under its December 5, 2024, share repurchase program, according to the company's second-quarter earnings announcement filed on August 26, 2026. As of July 31, 2026, the company had $44.6 million remaining available under the program.

The filing does not disclose the average price paid per share or the specific execution mechanism employed for the buybacks. The company spent $1.5 million on share repurchases during the first six months of fiscal 2027, according to the condensed consolidated cash flow statement. With a strong balance sheet—including $211.6 million in cash and no debt at quarter-end—the company appears positioned to continue execution under the existing authorization.

Movado Group is actively executing its existing share-repurchase authorization, having purchased 61,000 shares in the first half of fiscal 2027. With $44.6 million of authorization remaining and substantial cash reserves ($211.6 million) coupled with zero debt, the company retains material capacity to continue buybacks. Relative to the company's 23.1 million weighted diluted shares outstanding in Q2, the 61,000 shares repurchased represent approximately 0.27% of the share base—a modest reduction. The buyback activity is concurrent with the company's quarterly dividend program ($0.40 per share declared in August 2026), indicating a balanced approach to shareholder returns during a period of improved operating performance.

During the first six months of fiscal 2027, the Company repurchased 61,000 shares under its December 5, 2024, share repurchase program. As of July 31, 2026, the Company had $44.6 million remaining available under the share repurchase program. — MOVADO GROUP INC 8-K filing · View on SEC EDGAR →

What this means

Frequently asked questions

What is the December 5, 2024 share repurchase program?: Movado Group authorized a share repurchase program on December 5, 2024. This filing discloses execution activity under that program during the first half of fiscal 2027, with $44.6 million remaining as of July 31, 2026, but the original authorization amount is not stated in this earnings announcement.
How many shares did Movado repurchase in the first six months of fiscal 2027?: Movado repurchased 61,000 shares during the first six months of fiscal 2027 (ended July 31, 2026) under the December 5, 2024 program. The company paid $1.5 million on these repurchases, but the average price per share is not disclosed in the filing.
How much authorization remains under the program?: As of July 31, 2026, Movado had $44.6 million remaining available under the share repurchase program. This represents the dollar value available for future repurchases.
How does the buyback compare to Movado's total shares outstanding?: The 61,000 shares repurchased represent approximately 0.27% of Movado's 23.1 million weighted diluted average shares outstanding in Q2 fiscal 2027. This is a modest reduction in share count and is consistent with measured capital allocation alongside the company's quarterly dividend program.
What is Movado's financial position to support ongoing buybacks?: Movado ended Q2 fiscal 2027 with $211.6 million in cash and no debt, providing substantial liquidity to fund both its $44.6 million remaining buyback authorization and its quarterly dividend ($0.40 per share). The company's strong balance sheet reflects improved operational performance in the first half of fiscal 2027.

execution mid-cap luxury-watches ongoing-program cash-balance

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.