AJG · 10-Q · 2026Q3 · Full report
Share Repurchase Program
Arthur J. Gallagher & Co. · 2026-11-05 · Importance 40 · Surprise 42 · Matches filing data
Gallagher’s July 2021 board-approved repurchase plan authorizes up to $1.5 billion of common-stock repurchases. During the first nine months of 2026, the company repurchased 2.7 million shares for $580 million; it made no repurchases in the comparable 2025 period. Management said it may consider additional repurchases during the remainder of 2026 if available cash exceeds acquisition opportunities.
Key facts
- Arthur J. Gallagher & Co.'s July 2021 board-approved repurchase plan authorizes repurchases of up to $1.5 billion; in the nine months ended September 30, 2026 it repurchased 2.7 million shares for $580 million, compared with no repurchases in 2025. source
- Management may consider repurchasing common stock during the remainder of 2026 if available cash exceeds acquisition opportunities; repurchases may be funded from operating cash, Credit Agreement borrowings, or other sources. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -0.7% | Arthur J. Gallagher & Co.'s July 2021 board-approved repurchase plan authorizes repurchases of up to $1.5 billion; in the nine months… |