8-K filed Jan 27, 2026
HCA Healthcare authorizes $10B for stock buybacks
“Board of Directors has authorized an additional share repurchase program for up to $10 billion of the Company’s outstanding common stock.”
From HCA Healthcare’s 8-K filed Jan 27, 2026 · read the filing · all documents
How big is it?
HCA Healthcare bought back $9.1B of stock in the twelve months to Mar 31, 2026. At that pace, $10.0B covers about 1.1 years of buybacks.
The amount equals 126% of its free cash flow over the same twelve months ($7.9B).
Its diluted share count is down 9.1% 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 |
|---|---|
| Q2 '23 | $915M |
| Q3 '23 | $1.1B |
| Q4 '23 | $910M |
| Q1 '24 | $1.2B |
| Q2 '24 | $1.4B |
| Q3 '24 | $1.8B |
| Q4 '24 | $1.7B |
| Q1 '25 | $2.5B |
| Q2 '25 | $2.5B |
| Q3 '25 | $2.5B |
| Q4 '25 | $2.6B |
| Q1 '26 | $1.6B |