What was the size and timing of SharkNinja's share repurchase authorization?

SharkNinja's Board of Directors authorized a $750 million share repurchase program on February 11, 2026. The company has no disclosed expiration date for the program, giving it significant flexibility in execution timing.

How much of the $750M program has been used so far, and at what price?

Through June 30, 2026 (six months into the year), SharkNinja deployed $119.7 million to repurchase 1,008,368 shares at an average price of $118.71 per share. This represents approximately 16% of the authorized program, leaving roughly $630 million available.

What execution method is SharkNinja using for its buybacks?

The company executes repurchases under Rule 10b-18, the SEC's safe harbor for open-market share purchases. This is the standard mechanism used by most public companies and places strict limits on timing, price, volume, and broker discretion.

Is SharkNinja's buyback program helping to offset share dilution from equity compensation?

To some extent, yes. The company incurred $77.5 million in share-based compensation expense in the first half of 2026 (reflected in non-GAAP adjustments), which represents new equity grants. The $119.7 million in repurchases provides a modest offset, though the net share count reduction is modest relative to the size of the business.

How does this buyback compare to SharkNinja's market capitalization and cash position?

At an average repurchase price of $118.71, SharkNinja's H1 2026 buyback ($119.7M) represents approximately 1.6% of the company's market cap. The company had $779.8 million in cash and $489.8 million in available credit facility capacity as of June 30, 2026, providing ample liquidity to fund the $750M program.

SN 8-K Filed 2026-08-05 Execution disclosure

SharkNinja repurchased 1.0M shares at $118.71 average in H1 2026

$119.7M deployed under $750M program authorized February 2026; 1,008,368 shares retired in first half

Shares repurchased1.0M

Avg price paid$118.71

MechanismRule 10b-18 open-market purcha

What the filing says

SharkNinja, Inc. (NYSE: SN) repurchased 1,008,368 ordinary shares during the first half of 2026 under its $750.0 million share repurchase program, authorized by the Board of Directors on February 11, 2026. The company spent an aggregate of $119.7 million on these repurchases, representing an average price of $118.71 per share.

In Q2 2026 alone, SharkNinja repurchased 815,233 shares at an average price of $122.29 per share for a total of $99.7 million. The balance sheet as of June 30, 2026 reflects 1,008,368 treasury shares held at cost of $119.7 million, indicating the shares have been retired and are no longer outstanding. The company reduced diluted weighted-average share count from 142.0 million shares in the prior-year six-month period to approximately 142.1 million shares in the current period, with full-year 2026 guidance calling for approximately 142.5 million diluted weighted-average shares outstanding.

The repurchases were executed under the Rule 10b-18 safe harbor framework, consistent with standard open-market practices. The execution mechanism and timing reflect SharkNinja's cash generation and capital allocation priorities during a period of strong operational performance, with the company raising its fiscal 2026 net sales and adjusted earnings guidance on the back of accelerating growth across categories and geographies.

During the three and six months ended June 30, 2026, the Company repurchased 815,233 and 1,008,368 ordinary shares, respectively, under its $750.0 million share repurchase program authorized by the Board of Directors on February 11, 2026 (the "Repurchase Program") at an aggregate cost of $99.7 million and $119.7 million, respectively, at an average price of $122.29 and $118.71 per share, respectively. — SharkNinja, Inc. 8-K filing · View on SEC EDGAR →

What this means

SharkNinja has deployed $119.7 million of its $750 million authorization in the first six months of 2026, representing roughly 16% of the program's capacity. At the current execution pace, the company retains substantial dry powder for future repurchases. The average price of $118.71 reflects buyback activity during a period of operational strength; Q2 net sales grew 22.2% year-over-year and Adjusted Net Income Per Share rose 29.9%. With full-year guidance for approximately 142.5 million diluted weighted-average shares—down modestly from the prior year—the repurchase program is a modest contributor to per-share growth, complementing operational leverage from revenue expansion and cost discipline.

Frequently asked questions

What was the size and timing of SharkNinja's share repurchase authorization?: SharkNinja's Board of Directors authorized a $750 million share repurchase program on February 11, 2026. The company has no disclosed expiration date for the program, giving it significant flexibility in execution timing.
How much of the $750M program has been used so far, and at what price?: Through June 30, 2026 (six months into the year), SharkNinja deployed $119.7 million to repurchase 1,008,368 shares at an average price of $118.71 per share. This represents approximately 16% of the authorized program, leaving roughly $630 million available.
What execution method is SharkNinja using for its buybacks?: The company executes repurchases under Rule 10b-18, the SEC's safe harbor for open-market share purchases. This is the standard mechanism used by most public companies and places strict limits on timing, price, volume, and broker discretion.
How do these repurchases affect SharkNinja's reported share count?: The 1.0 million shares repurchased in H1 2026 reduced the company's share base. Full-year 2026 guidance calls for approximately 142.5 million diluted weighted-average shares outstanding, slightly below the prior year, reflecting the cumulative impact of buybacks and equity compensation.
Is SharkNinja's buyback program helping to offset share dilution from equity compensation?: To some extent, yes. The company incurred $77.5 million in share-based compensation expense in the first half of 2026 (reflected in non-GAAP adjustments), which represents new equity grants. The $119.7 million in repurchases provides a modest offset, though the net share count reduction is modest relative to the size of the business.
How does this buyback compare to SharkNinja's market capitalization and cash position?: At an average repurchase price of $118.71, SharkNinja's H1 2026 buyback ($119.7M) represents approximately 1.6% of the company's market cap. The company had $779.8 million in cash and $489.8 million in available credit facility capacity as of June 30, 2026, providing ample liquidity to fund the $750M program.

execution rule-10b-18 mega-cap industrial-consumer-products

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.