How much did Toro repurchase in the third quarter of fiscal 2026?

Toro repurchased $110 million of common stock during the third quarter ended July 31, 2026. This brought year-to-date total shareholder returns to $471 million, which includes both share repurchases and dividend payments of $112.8 million.

What is Toro's execution mechanism for buybacks?

The filing does not specify the execution mechanism. The company does not disclose whether repurchases are conducted via Rule 10b-18 open-market purchases, a 10b5-1 plan, an accelerated share repurchase agreement, or another method.

How many shares did Toro repurchase and at what price?

The filing does not disclose the specific number of shares repurchased or the average price paid per share during the quarter or year-to-date period. Only the dollar amount ($110 million in Q3; $358.1 million year-to-date) is provided in the cash flow statement.

Is this a new authorization or execution under an existing program?

The filing reports execution only and does not announce a new authorization, amendment, or termination. The repurchase activity is part of an ongoing program, but the filing does not disclose the total authorization amount, remaining authorization, or original authorization date.

How does Toro's buyback spending compare to its dividend?

During the nine-month period ended July 31, 2026, Toro repurchased $358.1 million in stock and paid $112.8 million in dividends, totaling $470.9 million in shareholder returns. Buybacks represent approximately 76% of the combined return.

What is the impact on Toro's share count?

The weighted-average diluted share count declined from 99.0 million shares in Q3 2025 to 95.6 million shares in Q3 2026, a reduction of approximately 3.4 million shares or 3.4% year-over-year, reflecting the cumulative effect of repurchases.

TTC 8-K Filed 2026-09-03 Execution disclosure

Toro repurchased $110M in Q3; $358M year-to-date

Company executed $110 million in common stock repurchases during third quarter as part of ongoing capital return program

MechanismNot specified

What the filing says

The Toro Company executed $110 million in common stock repurchases during the third quarter ended July 31, 2026, bringing year-to-date shareholder returns to $471 million (which includes $112.8 million in dividend payments). The company disclosed this execution in its third-quarter earnings release filed on Form 8-K on September 3, 2026.

The Condensed Consolidated Statements of Cash Flows show that the company repurchased $358.1 million in common stock during the nine-month period ended July 31, 2026, compared to $290.0 million for the same period in fiscal 2025. The filing does not specify the execution mechanism (Rule 10b-18 open-market purchases, 10b5-1 plan, ASR, or other), the number of shares repurchased, or the average price paid per share during any period.

CEO Richard M. Olson noted in the earnings statement that the company's "robust free cash flow and value creation for our shareholders, through dividends and share repurchases" reflects disciplined capital allocation. The repurchase activity occurs against a backdrop of record third-quarter results, with net sales up 8.4% year-over-year and raised full-year guidance, supporting the company's ability to fund both dividends and buybacks.

Returned $110 million to shareholders bringing the year-to-date total to $471 million — TORO CO 8-K filing · View on SEC EDGAR →

What this means

Toro's repurchase activity reflects execution under an existing authorization, though the company does not disclose the authorization amount, remaining authorization, or specific authorization approval date in this filing. Year-to-date repurchases of $358.1 million represent an increase versus the prior-year period ($290.0 million), signaling continued capital deployment despite the company's concurrent acquisition of Tornado Infrastructure Equipment for $210.3 million in the nine-month period. With a weighted-average diluted share count that declined from 99.0 million shares in Q3 2025 to 95.6 million shares in Q3 2026, the buyback program is reducing share count materially. The filing contains no material changes to the authorization itself—it is primarily a report of execution activity during the quarter and year-to-date periods.

Frequently asked questions

How much did Toro repurchase in the third quarter of fiscal 2026?: Toro repurchased $110 million of common stock during the third quarter ended July 31, 2026. This brought year-to-date total shareholder returns to $471 million, which includes both share repurchases and dividend payments of $112.8 million.
What is Toro's execution mechanism for buybacks?: The filing does not specify the execution mechanism. The company does not disclose whether repurchases are conducted via Rule 10b-18 open-market purchases, a 10b5-1 plan, an accelerated share repurchase agreement, or another method.
How many shares did Toro repurchase and at what price?: The filing does not disclose the specific number of shares repurchased or the average price paid per share during the quarter or year-to-date period. Only the dollar amount ($110 million in Q3; $358.1 million year-to-date) is provided in the cash flow statement.
Is this a new authorization or execution under an existing program?: The filing reports execution only and does not announce a new authorization, amendment, or termination. The repurchase activity is part of an ongoing program, but the filing does not disclose the total authorization amount, remaining authorization, or original authorization date.
How does Toro's buyback spending compare to its dividend?: During the nine-month period ended July 31, 2026, Toro repurchased $358.1 million in stock and paid $112.8 million in dividends, totaling $470.9 million in shareholder returns. Buybacks represent approximately 76% of the combined return.
What is the impact on Toro's share count?: The weighted-average diluted share count declined from 99.0 million shares in Q3 2025 to 95.6 million shares in Q3 2026, a reduction of approximately 3.4 million shares or 3.4% year-over-year, reflecting the cumulative effect of repurchases.

execution toro capex-return rule-10b-18 mid-cap

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.