How many shares did Univest repurchase in Q2 2026?

Univest repurchased 425,539 shares at an average price of $38.71 per share during Q2 2026. Including brokerage fees and excise tax, the total cost per share was $39.13. This reduced shares outstanding from 27.95 million at March 31, 2026 to 27.59 million at June 30, 2026.

How many shares remain available for repurchase?

As of June 30, 2026, 1,494,260 shares remain available for repurchase under Univest's Share Repurchase Plan. The filing does not disclose the original authorization amount or date of the program.

What execution mechanism did Univest use for the buyback?

The filing does not specify whether the repurchases were executed under Rule 10b-18 open-market purchases, an Accelerated Share Repurchase agreement, or another mechanism. The mechanism is not disclosed in this earnings release.

Did Univest return capital to shareholders in other ways during Q2?

Yes. In addition to the $16.6 million share repurchase (at the average execution price), Univest declared a quarterly cash dividend of $0.23 per share payable on August 19, 2026. The company is using both dividends and buybacks as part of its capital return strategy.

How does the buyback impact Univest's earnings per share?

The Q2 2026 repurchase reduced shares outstanding by approximately 1.5%, providing modest per-share accretion on a mechanical basis. The company reported diluted EPS of $0.82 in Q2 2026, up 18.8% from $0.69 in Q2 2025, driven primarily by higher net interest income and asset growth rather than buyback-related accretion.

Why would a bank conduct share repurchases?

Banks typically repurchase shares when management believes the stock is trading below intrinsic value, to optimize capital deployment, reduce share count, and return excess capital to shareholders. Repurchases also offset dilution from equity compensation. Univest's combined dividend and buyback strategy suggests the company views its stock favorably and has sufficient capital relative to regulatory requirements.

UVSP 8-K Filed 2026-07-23 Execution disclosure

Univest Financial repurchased 425K shares at $38.71 avg in Q2

Q2 2026 execution: 425,539 shares retired; 1.49M shares remain under authorization

Shares repurchased426K

Avg price paid$38.71

MechanismNot specified

What the filing says

Univest Financial Corporation (NASDAQ: UVSP) repurchased 425,539 shares of common stock during the second quarter of 2026 at an average price of $38.71 per share, or $39.13 per share including brokerage fees and excise tax. The repurchases were executed under the company's Share Repurchase Plan, which remains active with 1,494,260 shares available for future repurchase as of June 30, 2026.

The buyback activity was disclosed in the company's earnings release for the quarter ended June 30, 2026, filed as Exhibit 99.1 to an 8-K on July 23, 2026. Univest also declared a quarterly cash dividend of $0.23 per share during the same period, demonstrating concurrent capital return to shareholders through both dividends and share repurchases.

The execution mechanism was not explicitly specified in the filing. Treasury stock increased from $92.8 million at March 31, 2026 to $107.7 million at June 30, 2026, reflecting the net cost of the quarter's repurchases and corresponding reduction in shares outstanding from 27.95 million to 27.59 million shares.

During the quarter ended June 30, 2026, the Corporation repurchased 425,539 shares of common stock at an average price of $38.71 per share. Including brokerage fees and excise tax, the average cost per share was $39.13. As of June 30, 2026, 1,494,260 shares are available for repurchase under the Share Repurchase Plan. — UNIVEST FINANCIAL Corp 8-K filing · View on SEC EDGAR →

What this means

Univest Financial executed a moderate share repurchase in Q2 2026, retiring approximately 1.5% of outstanding shares at the quarter-end price. With 27.6 million shares outstanding and $8.2 billion in assets, the buyback reduced share count modestly while the company maintained a dividend and grew earnings 18.8% year-over-year (diluted EPS of $0.82 vs. $0.69 in Q2 2025). The remaining authorization of 1.49 million shares represents ongoing flexibility for capital management, though the filing does not disclose the original authorization amount or date, limiting full context on the program's scale and timeline.

Frequently asked questions

How many shares did Univest repurchase in Q2 2026?: Univest repurchased 425,539 shares at an average price of $38.71 per share during Q2 2026. Including brokerage fees and excise tax, the total cost per share was $39.13. This reduced shares outstanding from 27.95 million at March 31, 2026 to 27.59 million at June 30, 2026.
How many shares remain available for repurchase?: As of June 30, 2026, 1,494,260 shares remain available for repurchase under Univest's Share Repurchase Plan. The filing does not disclose the original authorization amount or date of the program.
What execution mechanism did Univest use for the buyback?: The filing does not specify whether the repurchases were executed under Rule 10b-18 open-market purchases, an Accelerated Share Repurchase agreement, or another mechanism. The mechanism is not disclosed in this earnings release.
Did Univest return capital to shareholders in other ways during Q2?: Yes. In addition to the $16.6 million share repurchase (at the average execution price), Univest declared a quarterly cash dividend of $0.23 per share payable on August 19, 2026. The company is using both dividends and buybacks as part of its capital return strategy.
How does the buyback impact Univest's earnings per share?: The Q2 2026 repurchase reduced shares outstanding by approximately 1.5%, providing modest per-share accretion on a mechanical basis. The company reported diluted EPS of $0.82 in Q2 2026, up 18.8% from $0.69 in Q2 2025, driven primarily by higher net interest income and asset growth rather than buyback-related accretion.
Why would a bank conduct share repurchases?: Banks typically repurchase shares when management believes the stock is trading below intrinsic value, to optimize capital deployment, reduce share count, and return excess capital to shareholders. Repurchases also offset dilution from equity compensation. Univest's combined dividend and buyback strategy suggests the company views its stock favorably and has sufficient capital relative to regulatory requirements.

execution regional-bank buyback Q2-2026 capital-return

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.