Accenture announced a $2 billion increase to its share repurchase program for fiscal year 2026, citing management's belief that the company's current share price does not reflect its financial strength or long-term growth opportunities. This brings the total planned repurchases for the fiscal year to $7.5 billion.
Key Details
- Increased Authorization: The program was increased by $2 billion, raising the total expected share repurchases for fiscal year 2026 to $7.5 billion, a 62% increase over the prior year.
- Timeline: All repurchases under this program are scheduled to be completed by the end of the fiscal year on August 31, 2026.
- Total Shareholder Returns: Including this increase, total planned shareholder returns for fiscal year 2026 (through both repurchases and dividends) are now expected to reach $11.5 billion, a 38% increase year-over-year.