APA · 8-K · 20260805PR000050
Capital Return Program
APA Corp · 2026-08-05 · Importance 38 · Surprise 24 · In source text
APA returned $189 million to shareholders during the second quarter through dividends and share repurchases. The company repurchased 2.8 million shares at an average price of $35.26 per share, with $100 million of treasury stock activity recorded in second-quarter financing cash flows. Dividends paid to APA common stockholders totaled $89 million in the quarter, based on a declared dividend of $0.25 per share. Cumulative first-half shareholder returns totaled $277 million, and APA expects to return at least 60% of 2026 free cash flow to shareholders.
Key facts
- Company expects to return at least 60% of free cash flow to shareholders in 2026 while also strengthening the balance sheet source
- APA returned $189 million to shareholders during the second quarter through dividends and share repurchases source
- Cumulative returns to shareholders during the first half of 2026: $277 million source
- Repurchased 2.8 million shares at an average price of $35.26 per share in the second quarter of 2026 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | — | Company expects to return at least 60% of free cash flow to shareholders in 2026 while also strengthening the balance sheet |
| cash | negative | realized | — | APA returned $189 million to shareholders during the second quarter through dividends and share repurchases |
| cash | negative | realized | — | Cumulative returns to shareholders during the first half of 2026: $277 million |