8-K filed May 20, 2026
Intuit authorizes $1.6B for stock buybacks
“Repurchased $1.6 billion of stock, and received Board approval for a new $8 billion repurchase authorization.”
From Intuit’s 8-K filed May 20, 2026 · read the filing · all documents
How big is it?
Intuit bought back $5.4B of stock in the twelve months to Jul 31, 2026. At that pace, $1.6B covers about 4 months of buybacks.
The amount equals 18% of its free cash flow over the same twelve months ($8.7B).
Its diluted share count is down 4.6% 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 | $584M |
| Q1 '24 | $551M |
| Q2 '24 | $572M |
| Q3 '24 | $281M |
| Q4 '24 | $557M |
| Q1 '25 | $717M |
| Q2 '25 | $752M |
| Q3 '25 | $746M |
| Q4 '25 | $854M |
| Q1 '26 | $933M |
| Q2 '26 | $1.6B |
| Q3 '26 | $2.1B |