APA · 10-Q · 2026Q3 · Full report

Capital Return Program

APA Corp · 2026-11-05 · Importance 44 · Surprise 24 · No source text

APA paid $264 million in dividends to common stockholders and repurchased approximately $550 million of common stock during the first nine months of 2026. The company repurchased 13.4 million shares at an average $41.19 per share during the first nine months and had authorization for up to 48.5 million additional shares as of September 30; the third-quarter repurchase was 10.5 million shares at an average $42.78. APA repurchased another 4.5 million shares at an average $47.32 in October 2026, leaving authorization for 44.0 million shares as of October 31, and pays a quarterly dividend of $0.25 per share.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-3.1%APA repurchased approximately 13.4 million shares at an average price of $41.19 per share for an aggregate purchase price of approximately…
cashnegativerealized-2.5%APA repurchased approximately 10.5 million shares at an average $42.78 per share in the third quarter of 2026.
cashnegativecontingent—APA targets returning at least 60 percent of annual free cash flow through dividends and share repurchases.
cashnegativecommitted—APA repurchased approximately 13.4 million shares at an average $41.19 per share in the nine months ended September 30, 2026, and had…