8-K filed Feb 18, 2026
Global Payments authorizes $2.5B for stock buybacks
“The Board of Directors authorized share repurchases of $2.5 billion.”
From Global Payments’s 8-K filed Feb 18, 2026 · read the filing · all documents
How big is it?
Global Payments bought back $1.6B of stock in the twelve months to Jun 30, 2026. At that pace, $2.5B covers about 1.6 years of buybacks.
The amount equals 304% of its free cash flow over the same twelve months ($823M).
Its diluted share count is up 10.9% 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 | $0 |
| Q4 '23 | $1,000 |
| Q1 '24 | $800.0M |
| Q2 '24 | $100M |
| Q3 '24 | $0 |
| Q4 '24 | $651.9M |
| Q1 '25 | $446.3M |
| Q2 '25 | $244.8M |
| Q3 '25 | $500M |
| Q4 '25 | −$69,000 |
| Q1 '26 | $549.9M |
| Q2 '26 | $550.0M |