What is the total amount authorized for repurchases under VeriSign's program now?

As of July 23, 2026, VeriSign's Board approved an additional $884 million in repurchase authorization, bringing the total program to $1.50 billion. The program has no expiration date, meaning the Board has not set a deadline by which repurchases must be completed.

How much did VeriSign repurchase in the second quarter of 2026?

VeriSign repurchased 0.7 million shares for an aggregate cost of $197 million in Q2 2026, which translates to an average price of approximately $281 per share. The company stated it returned more than 100% of free cash flow through both repurchases and dividends during the quarter.

What execution mechanism does VeriSign use for its repurchases?

The filing does not specify the execution mechanism (such as Rule 10b-18 open-market purchases, ASR, or 10b5-1 plans) for VeriSign's share repurchases. The detail on how repurchases are conducted is not disclosed in this earnings release.

Does VeriSign use buybacks as part of a broader capital allocation strategy?

Yes. CEO Jim Bidzos explicitly stated that VeriSign returned more than 100% of free cash flow to shareholders through dividends and share repurchases during Q2 2026, which the company does consistently. On July 20, 2026, the Board also approved a quarterly dividend of $0.81 per share, demonstrating a balanced capital return approach.

How does the new authorization compare to VeriSign's market capitalization?

As of Q2 2026, VeriSign had approximately 90.4 million shares outstanding. At the Q2 average repurchase price of ~$281 per share, the market cap would be roughly $25.4 billion, making the $884 million authorization approximately 3.5% of market value—a modest but material addition to the repurchase program.

VRSN 8-K Filed 2026-07-23 New authorization

VeriSign authorizes additional $884M share repurchase program

Board approval brings total repurchase authorization to $1.50B with no expiration date

Authorization$884M

Remaining$1.5B

MechanismNot specified

What the filing says

On July 23, 2026, VeriSign's Board of Directors approved an additional authorization for share repurchases of approximately $884 million, bringing the total amount authorized and available under the company's share repurchase program to $1.50 billion. The program has no expiration date.

In the second quarter of 2026, VeriSign repurchased 0.7 million shares for an aggregate cost of $197 million. The company's executive leadership emphasized its consistent capital allocation strategy, with CEO Jim Bidzos noting that VeriSign returned more than 100% of free cash flow to shareholders through dividends and share repurchases during the quarter.

The new authorization comes as VeriSign reported solid financial results for Q2 2026, including revenue of $435 million (up 6.0% year-over-year) and net income of $217 million. The company ended the quarter with $1.03 billion in cash, cash equivalents, and marketable securities.

Effective July 23, 2026, the Board of Directors approved an additional authorization for share repurchases of approximately $884 million of common stock, which brings the total amount to $1.50 billion authorized and available under Verisign's share repurchase program which has no expiration. — VERISIGN INC/CA 8-K filing · View on SEC EDGAR →

What this means

VeriSign's board expanded its share repurchase authorization by $884 million on the heels of Q2 results that showed revenue growth and operating leverage. The total program now stands at $1.50 billion with no sunset provision, giving management flexibility to execute repurchases opportunistically. In H1 2026, VeriSign repurchased approximately 1.5 million shares at an average price of roughly $284 per share while also increasing its quarterly dividend to $0.81 per share, reflecting a capital allocation strategy oriented toward returning cash to shareholders alongside organic business operations.

Frequently asked questions

What is the total amount authorized for repurchases under VeriSign's program now?: As of July 23, 2026, VeriSign's Board approved an additional $884 million in repurchase authorization, bringing the total program to $1.50 billion. The program has no expiration date, meaning the Board has not set a deadline by which repurchases must be completed.
How much did VeriSign repurchase in the second quarter of 2026?: VeriSign repurchased 0.7 million shares for an aggregate cost of $197 million in Q2 2026, which translates to an average price of approximately $281 per share. The company stated it returned more than 100% of free cash flow through both repurchases and dividends during the quarter.
What execution mechanism does VeriSign use for its repurchases?: The filing does not specify the execution mechanism (such as Rule 10b-18 open-market purchases, ASR, or 10b5-1 plans) for VeriSign's share repurchases. The detail on how repurchases are conducted is not disclosed in this earnings release.
Does VeriSign use buybacks as part of a broader capital allocation strategy?: Yes. CEO Jim Bidzos explicitly stated that VeriSign returned more than 100% of free cash flow to shareholders through dividends and share repurchases during Q2 2026, which the company does consistently. On July 20, 2026, the Board also approved a quarterly dividend of $0.81 per share, demonstrating a balanced capital return approach.
How does the new authorization compare to VeriSign's market capitalization?: As of Q2 2026, VeriSign had approximately 90.4 million shares outstanding. At the Q2 average repurchase price of ~$281 per share, the market cap would be roughly $25.4 billion, making the $884 million authorization approximately 3.5% of market value—a modest but material addition to the repurchase program.

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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.