8-K filed Aug 3, 2026
Diamondback Energy authorizes $16B for stock buybacks
“In July, the Board of Directors (the “Board”) doubled the Company's share repurchase authorization to $16.0 billion from $8.0 billion previously.”
From Diamondback Energy’s 8-K filed Aug 3, 2026 · read the filing · all documents
How big is it?
Diamondback Energy bought back $1.3B of stock in the twelve months to Jun 30, 2026. At that pace, $16.0B covers about 12.3 years of buybacks.
Its diluted share count is down 3.7% 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 |
|---|---|
| Q3 '23 | $56M |
| Q4 '23 | $0 |
| Q1 '24 | $42M |
| Q2 '24 | $0 |
| Q3 '24 | $515M |
| Q4 '24 | $0 |
| Q1 '25 | $580M |
| Q2 '25 | $393M |
| Q3 '25 | $608M |
| Q4 '25 | $0 |
| Q1 '26 | $548M |
| Q2 '26 | $142M |