8-K filed Feb 9, 2026
ON Semiconductor authorizes $6B for stock buybacks
“Announced the authorization of a new share repurchase program of up to $6 billion over the next three years.”
From ON Semiconductor’s 8-K filed Feb 9, 2026 · read the filing · all documents
How big is it?
ON Semiconductor bought back $1.5B of stock in the twelve months to Jul 3, 2026. At that pace, $6.0B covers about 4.1 years of buybacks.
The amount equals 400% of its free cash flow over the same twelve months ($1.5B).
Its diluted share count is down 2.5% 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 | $99.9M |
| Q4 '23 | $300.2M |
| Q1 '24 | $100M |
| Q2 '24 | $150M |
| Q3 '24 | $200M |
| Q4 '24 | $204.1M |
| Q1 '25 | $300.1M |
| Q2 '25 | $302.3M |
| Q3 '25 | $325M |
| Q4 '25 | $450.2M |
| Q1 '26 | $345.7M |
| Q2 '26 | $344.8M |