What shares did Range repurchase in Q2 2026?

Range repurchased 2.0 million shares at an average price of $39.18 per share, totaling approximately $78 million in Q2 2026. This represented part of the company's broader capital allocation strategy alongside its $24 million dividend payment in the quarter.

How much buyback authority does Range have left?

As of June 30, 2026, Range Resources had $1.4 billion of remaining availability under its share repurchase program, providing substantial capacity for future repurchases.

How does Range fund its repurchases?

Range funds share repurchases from operating cash flow generated by its natural gas, NGL, and oil production. In Q2 2026, the company generated $235 million in cash from operations (or $333 million before working capital changes), which supported both the $78 million in buybacks and $24 million in dividends.

What execution method does Range use for buybacks?

The filing does not specify the buyback execution mechanism (e.g., Rule 10b-18, 10b5-1 plan, or accelerated share repurchase). Investors should refer to prior SEC disclosures or investor relations materials for details on the repurchase program structure.

How many shares does Range have outstanding?

As of Q2 2026, Range had 235.0 million weighted-average basic shares and 236.2 million weighted-average diluted shares outstanding. The 2.0 million shares repurchased represented less than 1% of total shares, reflecting measured buyback activity.

RRC 8-K Filed 2026-07-22 Execution disclosure

Range Resources repurchased 2M shares at $39.18 avg in Q2 2026

Energy producer spent $78M on buybacks in second quarter; $1.4B remains under authorization

Shares repurchased2.0M

Avg price paid$39.18

Remaining$1.4B

MechanismNot specified

What the filing says

Range Resources Corporation executed share repurchases during the second quarter of 2026, buying back 2.0 million shares at an average price of approximately $39.18 per share, representing a total outlay of $78 million. The repurchases were conducted under the company's ongoing share repurchase program as part of the company's capital allocation strategy alongside dividend payments.

As of June 30, 2026, Range Resources disclosed that $1.4 billion of availability remained under its existing share repurchase authorization, indicating headroom for future buyback activity. The company's execution mechanism was not explicitly detailed in the filing, though the activity is consistent with open-market repurchase practices typical in the energy sector.

The Q2 2026 buyback activity occurred alongside strong operational execution, with the company reporting cash flow from operations of $235 million (before working capital changes: $333 million) and net income of $195 million. Management characterized the repurchases as part of a broader shareholder-return strategy, stating that "strong free cash flow funded shareholder returns through dividends and share repurchases while advancing our operational momentum."

During the quarter, Range repurchased 2,000,000 shares at an average price of approximately $39.18 per share. As of June 30, 2026, the Company had $1.4 billion of availability under the share repurchase program. — RANGE RESOURCES CORP 8-K filing · View on SEC EDGAR →

What this means

Range Resources repurchased 2.0 million shares representing less than 1% of its weighted-average diluted share count (236.2 million shares in Q2 2026), a modest but ongoing execution under an existing authorization. With $1.4 billion remaining, the company retains substantial capacity for future repurchases. The buyback was funded from strong operational cash flow—the company generated $333 million in operating cash flow before working capital changes during the quarter. At $39.18 per share, the repurchase price reflects market conditions during Q2 2026. The combined dividend and buyback activity ($78M + $24M = $102M) demonstrates capital allocation discipline balanced against debt management (net debt of approximately $881M at quarter-end) in a cyclical energy business.

Frequently asked questions

What shares did Range repurchase in Q2 2026?: Range repurchased 2.0 million shares at an average price of $39.18 per share, totaling approximately $78 million in Q2 2026. This represented part of the company's broader capital allocation strategy alongside its $24 million dividend payment in the quarter.
How much buyback authority does Range have left?: As of June 30, 2026, Range Resources had $1.4 billion of remaining availability under its share repurchase program, providing substantial capacity for future repurchases.
How does Range fund its repurchases?: Range funds share repurchases from operating cash flow generated by its natural gas, NGL, and oil production. In Q2 2026, the company generated $235 million in cash from operations (or $333 million before working capital changes), which supported both the $78 million in buybacks and $24 million in dividends.
Why does Range repurchase shares?: According to management, the repurchases are part of a shareholder-return strategy driven by strong free cash flow. The CEO stated that 'strong free cash flow funded shareholder returns through dividends and share repurchases while advancing our operational momentum,' reflecting the company's commitment to returning excess cash to shareholders.
What execution method does Range use for buybacks?: The filing does not specify the buyback execution mechanism (e.g., Rule 10b-18, 10b5-1 plan, or accelerated share repurchase). Investors should refer to prior SEC disclosures or investor relations materials for details on the repurchase program structure.
How many shares does Range have outstanding?: As of Q2 2026, Range had 235.0 million weighted-average basic shares and 236.2 million weighted-average diluted shares outstanding. The 2.0 million shares repurchased represented less than 1% of total shares, reflecting measured buyback activity.

execution energy-sector oil-gas-producer q2-2026 capital-allocation

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.