8-K filed Feb 26, 2026
Dell Technologies authorizes $10B for stock buybacks
“Announcing a cash dividend increase of 20% and $10 billion increase in share repurchase authorization”
From Dell Technologies’s 8-K filed Feb 26, 2026 · read the filing · all documents
How big is it?
Dell Technologies bought back $8.5B of stock in the twelve months to Jul 31, 2026. At that pace, $10.0B covers about 1.2 years of buybacks.
The amount equals 117% of its free cash flow over the same twelve months ($8.6B).
Its diluted share count is down 5.0% from a year earlier.
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 |
|---|---|
| Q4 '23 | $702M |
| Q1 '24 | $878M |
| Q2 '24 | $700M |
| Q3 '24 | $725M |
| Q4 '24 | $429M |
| Q1 '25 | $734M |
| Q2 '25 | $2.0B |
| Q3 '25 | $940M |
| Q4 '25 | $1.2B |
| Q1 '26 | $1.8B |
| Q2 '26 | $1.6B |
| Q3 '26 | $3.8B |