Network-1 Technologies repurchased 34,980 shares in Q2 2026
Execution update shows $51,000 Q2 repurchase; program has returned $45.8M since 2011
What the filing says
Network-1 Technologies, Inc. (NYSE American: NTIP) repurchased 34,980 shares of common stock during the second quarter of 2026 at an aggregate cost of $51,000 (exclusive of commissions), according to the company's second-quarter earnings release.
Since inception of the Share Repurchase Program in 2011 through June 30, 2026, Network-1 has repurchased approximately 10,682,470 shares at an aggregate cost of approximately $20,403,652 (exclusive of commissions), or an average price of approximately $1.91 per share.
Combined with approximately $25,400,000 in dividends paid from 2010 through June 30, 2026, Network-1 has returned in excess of $45,800,000 to shareholders through dividends and share repurchases. The execution mechanism and ongoing authorization status were not specified in the filing.
During the three month period ended June 30, 2026, Network-1 repurchased 34,980 shares of its common stock at an aggregate cost of $51,000 (exclusive of commissions) under its Share Repurchase Program. Since inception of the program in 2011 through June 30, 2026, Network-1 has repurchased approximately 10,682,470 shares at an aggregate cost of approximately $20,403,652 (exclusive of commissions) or an average per share price of approximately $1.91. — NETWORK-1 TECHNOLOGIES, INC. 8-K filing · View on SEC EDGAR →
What this means
Network-1's Q2 2026 repurchase represents a routine execution update under its longstanding program initiated in 2011. Over 15 years, the company has repurchased roughly 10.7 million shares at a cumulative $20.4 million, demonstrating a multi-year commitment to returning capital. At an average price of $1.91 per share program-wide, the Q2 execution at approximately $1.46 per share reflects modest share-price volatility. Combined with $25.4 million in dividends, total shareholder returns exceed $45.8 million. The filing does not disclose remaining authorization or whether the board has authorized additional amounts.
Frequently asked questions
- How many shares did Network-1 repurchase in Q2 2026?
- Network-1 repurchased 34,980 shares during the three-month period ended June 30, 2026, at an aggregate cost of $51,000 (exclusive of commissions), or approximately $1.46 per share.
- What is the total history of Network-1's share repurchase program?
- Since the program's inception in 2011 through June 30, 2026, Network-1 has repurchased approximately 10,682,470 shares at a total cost of approximately $20,403,652, representing an average price of approximately $1.91 per share.
- How much capital has Network-1 returned to shareholders?
- Combined with dividends of approximately $25,400,000 paid from 2010 through June 30, 2026, Network-1 has returned in excess of $45,800,000 to shareholders through both share repurchases and dividend payments.
- Does the filing disclose how much authorization remains for future repurchases?
- No, the filing does not specify the remaining authorization amount or whether the board has authorized additional repurchase capacity. It only reports historical execution and cumulative program results.
- What execution mechanism does Network-1 use for its buybacks?
- The filing does not specify the mechanism used for repurchases (such as open-market purchases under Rule 10b-18, a trading plan, or other methods). The repurchases are described only as occurring 'under its Share Repurchase Program.'