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
- APA repurchased approximately 10.5 million shares at an average $42.78 per share in the third quarter of 2026. source
- APA targets returning at least 60 percent of annual free cash flow through dividends and share repurchases. source
- APA repurchased approximately 13.4 million shares at an average price of $41.19 per share for an aggregate purchase price of approximately $550 million in the first nine months of 2026. source
- The Company’s board authorized purchase of an additional number of APA common shares in the third quarter of 2026; the number is omitted in the text. source
- APA repurchased approximately 13.4 million shares at an average $41.19 per share in the nine months ended September 30, 2026, and had authorization for up to 48.5 million additional shares at that date. source
- APA paid $264 million in common-stock dividends and repurchased approximately $550 million of common stock in the first nine months of 2026. source
- APA repurchased approximately 4.5 million shares at an average $47.32 per share in October 2026 and had authorization for up to 44.0 million additional shares as of October 31, 2026. source
- APA paid $264 million in common stock dividends in the first nine months of 2026 and $271 million in the first nine months of 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -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… |
| cash | negative | realized | -2.5% | APA repurchased approximately 10.5 million shares at an average $42.78 per share in the third quarter of 2026. |
| cash | negative | contingent | — | APA targets returning at least 60 percent of annual free cash flow through dividends and share repurchases. |
| cash | negative | committed | — | APA repurchased approximately 13.4 million shares at an average $41.19 per share in the nine months ended September 30, 2026, and had… |