BEN · 10-K · 2026A · Full report

Capital Allocation Strategy

FRANKLIN TEMPLETON INC · 2026-11-09 · Importance 34 · Surprise 42 · In source text

The Company expects to use cash to invest in and grow its business, including acquisitions, products, seed capital, investment teams, operations, technology infrastructure and business processes. Management expects to devote more post-dividend free cash flow to business investment, while continuing opportunistic share repurchases and repurchases to offset stock-based compensation dilution. Fiscal 2026 repurchases totaled $533.2 million, and 23.0 million shares remained available under the authorization at September 30, 2026.

Key facts

• FRANKLIN TEMPLETON INC expects to continue repurchasing shares to offset stock-based compensation dilution and opportunistically, while likely spending more post-dividend free cash flow on its business, including seed capital and resources to grow investment teams and operations. source
• If Franklin requires more capital than is available, it may reduce discretionary activities such as share repurchases or investments in sponsored products, raise capital through debt or equity issuances, or use existing or new credit facilities. source
• FRANKLIN TEMPLETON INC expects its main cash uses to include business investment and growth, acquisitions, dividends, product investment, taxes and operating expenses, technology and process enhancements, share repurchases, and debt service and repayment. source

Impact estimates