AAPL · 10-Q · 2026Q1 · Full report
Capital Return Program
Apple Inc. · 2026-05-01 · Importance 75 · Surprise 60 · Matches filing data
As of March 28, 2026, the Company had $63.8 billion of remaining repurchase program availability and on April 30, 2026 the Board authorized an additional $100 billion repurchase authorization. During Q2 2026, the Company repurchased $11.0 billion of common stock and paid dividends and dividend equivalents of $3.8 billion. The Board also increased the quarterly cash dividend from $0.26 to $0.27 per share effective for the Q3 2026 dividend and stated an intention to increase the dividend annually subject to Board declaration. The combined existing availability and new $100 billion authorization signal a material capacity to return capital via buybacks alongside the ongoing dividend program.
Key facts
- On April 30, 2026, the Board authorized an additional program to repurchase up to $100 billion of the Company’s common stock. source
- On April 30, 2026, the Board raised the quarterly cash dividend from $0.26 to $0.27 per share, beginning with the dividend to be paid during the third quarter of 2026, and the Company intends to increase its dividend on an annual basis subject to Board declaration. source
- During the second quarter of 2026, the Company repurchased $11.0 billion of its common stock and paid dividends and dividend equivalents of $3.8 billion. source
- As of March 28, 2026, remaining availability under the authorized share repurchase program was $63.8 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -22.9% | On April 30, 2026, the Board authorized an additional program to repurchase up to $100 billion of the Company’s common stock. |
| cash | negative | realized | -3.0% | During the second quarter of 2026, the Company repurchased $11.0 billion of its common stock and paid dividends and dividend equivalents… |
| cash | negative | realized | -1.0% | During the second quarter of 2026, the Company repurchased $11.0 billion of its common stock and paid dividends and dividend equivalents… |