Pixelworks repurchased $3.2M in shares during Q2 2026
Execution reported in earnings release; program details and remaining authorization not disclosed in this filing.
What the filing says
Pixelworks, Inc. (NASDAQ: PXLW) reported in its second quarter 2026 earnings release that it "repurchased $3.2 million of shares of common stock under the Company's stock repurchase program" during the quarter ended June 30, 2026. The filing does not disclose the number of shares repurchased, the average price paid per share, the execution mechanism, or the remaining authorization under the program.
The balance sheet reflects $3.2 million in treasury stock at cost as of June 30, 2026, consistent with the repurchase amount reported in the earnings highlights. The company ended Q2 with approximately $53 million in cash and cash equivalents.
No new authorization or program amendment is announced in this filing; this disclosure reflects execution activity only under an existing repurchase program whose terms are not detailed in this 8-K.
Repurchased $3.2 million of shares of common stock under the Company's stock repurchase program — PIXELWORKS, INC 8-K filing · View on SEC EDGAR →
What this means
Pixelworks executed $3.2 million in share repurchases during Q2 2026, reducing shares outstanding and returning capital to shareholders. The company was profitable on a net-income basis in the period (driven primarily by a $85 million gain from discontinuing operations related to its earlier sale of the Shanghai semiconductor subsidiary), though continuing operations generated a $2.8 million net loss. With $53 million in cash at quarter-end, the company retains material liquidity. The filing does not disclose program authorization limits, expiration dates, or execution details, limiting visibility into the program's full scope and trajectory.
Frequently asked questions
- How much did Pixelworks spend on share repurchases in Q2 2026?
- The company repurchased $3.2 million of shares of common stock during the second quarter ended June 30, 2026, under its existing stock repurchase program. This is reflected as treasury stock on the balance sheet.
- How many shares did Pixelworks repurchase, and at what price?
- The filing does not disclose the number of shares repurchased or the average price paid per share. Only the dollar amount ($3.2 million) is reported in the earnings release.
- What is the remaining authorization under Pixelworks' repurchase program?
- The filing does not disclose the total authorization amount, remaining authorization, or expiration date of the repurchase program. These details are not included in this 8-K filing.
- Is this a new buyback program or execution under an existing program?
- This filing reports execution under an existing program; no new authorization or program amendment is announced. The timing and terms of the original authorization are not disclosed in this filing.
- How does this repurchase impact Pixelworks' share count and financial position?
- The $3.2 million repurchase reduces share count and treasury stock increases. Pixelworks ended Q2 with $53 million in cash, providing capacity for further repurchases. The company is currently unprofitable on a continuing-operations basis (Q2 continuing loss: $2.8 million), though net income was positive due to gains from discontinued operations.
- What execution mechanism did Pixelworks use for this repurchase?
- The filing does not specify whether repurchases were conducted under Rule 10b-18, a 10b5-1 plan, accelerated share repurchase, or another mechanism. Only the aggregate dollar amount is disclosed.