8-K filed May 7, 2026
McKesson authorizes $5B for stock buybacks
“McKesson's Board of Directors approved a $5.0 billion increase to the share repurchase program, bringing the total share repurchase authorization to $7.7 billion as of April 2026.”
From McKesson’s 8-K filed May 7, 2026 · read the filing · all documents
How big is it?
McKesson bought back $6.7B of stock in the twelve months to Jun 30, 2026. At that pace, $5.0B covers about 9 months of buybacks.
The amount equals 78% of its free cash flow over the same twelve months ($6.4B).
Its diluted share count is down 5.0% 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 | $809M |
| Q4 '23 | $842M |
| Q1 '24 | $678M |
| Q2 '24 | $527M |
| Q3 '24 | $1.5B |
| Q4 '24 | $827M |
| Q1 '25 | $300M |
| Q2 '25 | $581M |
| Q3 '25 | $818M |
| Q4 '25 | $680M |
| Q1 '26 | $2.7B |
| Q2 '26 | $2.5B |