8-K filed Oct 29, 2026
Howmet Aerospace authorizes $5B for stock buybacks
“On October 28, 2026, the Board of Directors authorized an increase in the Company’s share repurchase program by $5 billion , resulting in $5.397 billion total authorization”
From Howmet Aerospace’s 8-K filed Oct 29, 2026 · read the filing · all documents
How big is it?
Howmet Aerospace bought back $1.0B of stock in the twelve months to Jun 30, 2026. At that pace, $5.0B covers about 5.0 years of buybacks.
The amount equals 279% of its free cash flow over the same twelve months ($1.8B).
Its diluted share count is down 1.0% 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 |
|---|---|
| Q3 '23 | $25M |
| Q4 '23 | $100M |
| Q1 '24 | $150M |
| Q2 '24 | $60M |
| Q3 '24 | $100M |
| Q4 '24 | $190M |
| Q1 '25 | $125M |
| Q2 '25 | $175M |
| Q3 '25 | $200M |
| Q4 '25 | $200M |
| Q1 '26 | $300M |
| Q2 '26 | $300M |