How much did Select Water repurchase in Q2 2026?

Select repurchased $621,000 of common stock during the second quarter of 2026, and $8.2 million for the six-month period ended June 30, 2026, according to the consolidated statements of cash flows. The filing does not disclose the number of shares repurchased or the average price paid.

Does the company have an authorized buyback program?

Yes, Select references a share repurchase program in its forward-looking statements and discloses repurchases in the cash flow statement. However, the filing does not specify the total authorization amount, remaining authorization, or the authorization date. Details may be available in prior SEC filings or company disclosures.

What execution method did Select use for its Q2 buybacks?

The filing does not specify the execution mechanism—whether open-market purchases under Rule 10b-18, a 10b5-1 plan, or another method. This information is not disclosed in the earnings release or filing.

How does the Q2 repurchase fit into Select's capital allocation strategy?

The $621,000 Q2 repurchase is modest relative to the company's scale and capital needs. Select is prioritizing $250–$290 million in net capex for 2026, recent acquisitions, and debt management, with total liquidity of $277.8 million. Share repurchases appear to be a secondary use of capital.

What was Select's share count at the end of Q2 2026?

As of June 30, 2026, Select had 127.1 million Class A shares and 11.2 million Class B shares issued and outstanding, for a total of approximately 138.3 million shares. Weighted average shares in Q2 were 123.1 million Class A and 12.7 million Class B.

Did buybacks impact Select's earnings per share in Q2 2026?

With Q2 repurchases of only $621,000 against a weighted average of ~136 million shares outstanding, the buyback had negligible impact on EPS. Q2 diluted EPS was $0.17 per Class A share. Any share-count reduction would have been immaterial to reported earnings per share.

WTTR 8-K Filed 2026-08-04 Execution disclosure

Select Water Solutions repurchased $0.6M shares in Q2 2026

Company executed modest buyback during strong quarter; $600,000 in repurchases reported in cash flow statement.

MechanismNot specified

What the filing says

Select Water Solutions, Inc. (NYSE: WTTR) repurchased $621,000 of common stock during the second quarter of 2026, according to its consolidated statements of cash flows filed on August 4, 2026. The company also repurchased $7.6 million of stock during the first quarter of 2026, bringing six-month repurchases to $8.2 million for the period ended June 30, 2026.

The filing discloses that Select maintains a share repurchase program, referenced in the forward-looking statements cautionary language as an expected element of capital allocation. However, the filing does not specify the authorization amount, remaining authorization, execution mechanism (Rule 10b-18, 10b5-1 plan, etc.), or average price paid per share for either the Q2 or year-to-date repurchases.

The repurchases occurred during a quarter in which Select delivered strong operational performance: Q2 2026 consolidated revenue reached $395.8 million (up 8% sequentially), net income was $22.6 million, and Adjusted EBITDA was $92.7 million. The company maintained a healthy balance sheet with total liquidity of $277.8 million as of June 30, 2026.

Share repurchases of $600,000–$8.2 million in six months represent a modest capital allocation at Select Water Solutions, reflecting the company's focus on growth investments and debt management. With weighted average Class A and B shares outstanding of approximately 136 million in Q2 2026, the quarterly repurchase volume is immaterial to per-share metrics. The filing indicates buybacks are part of a stated program, but lacks detail on authorization scope or remaining capacity—suggesting either a minimal or legacy authorization or one disclosed elsewhere. In context of the company's $250–$290 million net capex guidance for 2026 and recent acquisitions, share repurchases appear secondary to organic growth and strategic infrastructure expansion.

Examples of forward-looking statements include, but are not limited to, the expectations of plans, business strategies, objectives and growth, projected financial results and future financial and operational performance, expected capital expenditures, our share repurchase program and future dividends. — Select Water Solutions, Inc. 8-K filing · View on SEC EDGAR →

What this means

Frequently asked questions

How much did Select Water repurchase in Q2 2026?: Select repurchased $621,000 of common stock during the second quarter of 2026, and $8.2 million for the six-month period ended June 30, 2026, according to the consolidated statements of cash flows. The filing does not disclose the number of shares repurchased or the average price paid.
Does the company have an authorized buyback program?: Yes, Select references a share repurchase program in its forward-looking statements and discloses repurchases in the cash flow statement. However, the filing does not specify the total authorization amount, remaining authorization, or the authorization date. Details may be available in prior SEC filings or company disclosures.
What execution method did Select use for its Q2 buybacks?: The filing does not specify the execution mechanism—whether open-market purchases under Rule 10b-18, a 10b5-1 plan, or another method. This information is not disclosed in the earnings release or filing.
How does the Q2 repurchase fit into Select's capital allocation strategy?: The $621,000 Q2 repurchase is modest relative to the company's scale and capital needs. Select is prioritizing $250–$290 million in net capex for 2026, recent acquisitions, and debt management, with total liquidity of $277.8 million. Share repurchases appear to be a secondary use of capital.
What was Select's share count at the end of Q2 2026?: As of June 30, 2026, Select had 127.1 million Class A shares and 11.2 million Class B shares issued and outstanding, for a total of approximately 138.3 million shares. Weighted average shares in Q2 were 123.1 million Class A and 12.7 million Class B.
Did buybacks impact Select's earnings per share in Q2 2026?: With Q2 repurchases of only $621,000 against a weighted average of ~136 million shares outstanding, the buyback had negligible impact on EPS. Q2 diluted EPS was $0.17 per Class A share. Any share-count reduction would have been immaterial to reported earnings per share.

execution Q2-2026 modest-buyback water-infrastructure energy-sector

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.