8-K filed Feb 12, 2026
Coinbase authorizes $2B for stock buybacks
“In January 2026 , our board approved an additional $2.0 billion repurchase authorization for both Class A”
From Coinbase’s 8-K filed Feb 12, 2026 · read the filing · all documents
How big is it?
Coinbase bought back $1.2B of stock in the twelve months to Jun 30, 2026. At that pace, $2.0B covers about 1.6 years of buybacks.
The amount equals 117% of its free cash flow over the same twelve months ($1.7B).
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q1 '25 | $0 |
| Q2 '25 | $0 |
| Q3 '25 | $0 |
| Q4 '25 | $0 |
| Q1 '26 | $1.1B |
| Q2 '26 | $181.3M |