8-K filed Feb 12, 2026
Zebra Technologies authorizes $1B for stock buybacks
“Lincolnshire, Ill., Feb. 12, 2026 — Zebra Technologies Corporation (NASDAQ: ZBRA), a global leader in digitizing and automating workflows to deliver intelligent operations, today announced that the Company’s Board of Directors had approved a $1 billion increase to the Company’s existing authorization to repurchase shares of Zebra Technologies Corporation Common Stock.”
From Zebra Technologies’s 8-K filed Feb 12, 2026 · read the filing · all documents
How big is it?
Zebra Technologies bought back $905M of stock in the twelve months to Jul 4, 2026. At that pace, $1.0B covers about 1.1 years of buybacks.
The amount equals 111% of its free cash flow over the same twelve months ($904M).
Its diluted share count is down 6.1% 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 | $0 |
| Q4 '23 | $0 |
| Q1 '24 | $0 |
| Q2 '24 | $0 |
| Q3 '24 | $16M |
| Q4 '24 | $31M |
| Q1 '25 | $125M |
| Q2 '25 | $125M |
| Q3 '25 | $34M |
| Q4 '25 | $303M |
| Q1 '26 | $300M |
| Q2 '26 | $268M |