8-K filed Jul 30, 2026
Labcorp authorizes $1B for stock buybacks
“Announced $1.0 billion increase in share repurchase authorization, bringing the remaining total authorization to $1.4 billion”
From Labcorp’s 8-K filed Jul 30, 2026 · read the filing · all documents
How big is it?
Labcorp bought back $702M of stock in the twelve months to Jun 30, 2026. At that pace, $1.0B covers about 1.4 years of buybacks.
The amount equals 87% of its free cash flow over the same twelve months ($1.2B).
Its diluted share count is down 2.3% 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 | $1.0B |
| Q4 '23 | −$9M |
| Q1 '24 | $0 |
| Q2 '24 | $0 |
| Q3 '24 | $75M |
| Q4 '24 | $75.1M |
| Q1 '25 | $0 |
| Q2 '25 | $200M |
| Q3 '25 | $25M |
| Q4 '25 | $225M |
| Q1 '26 | $98M |
| Q2 '26 | $353.8M |