CTSH · Earnings call · 2026Q3T · Full report
Capital Return Program
COGNIZANT TECHNOLOGY SOLUTIONS CORP · 2026-10-29 · Importance 61 · Surprise 32 · From source text
Cognizant repurchased 4.9 million shares in the third quarter for more than $250 million, at an average price of approximately $53 per share. Year to date, it returned $2.3 billion to shareholders through share repurchases and dividends. Management said the company remained on pace to return about $2.6 billion for full-year 2026. Third-quarter adjusted EPS was $1.49, up 7% year over year, with growth partly offset by higher interest and tax expenses.
Key facts
- Year-to-date, Cognizant deployed $2.3 billion to shareholders through share repurchases and dividends and remained on pace to deploy about $2.6 billion for full-year 2026.
- Cognizant repurchased 4.9 million shares in Q3 2026 at an average price of approximately $53 per share, deploying over $250 million on repurchases.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | — | Year-to-date, Cognizant deployed $2.3 billion to shareholders through share repurchases and dividends and remained on pace to deploy about… |
| cash | negative | probable | — | Year-to-date, Cognizant deployed $2.3 billion to shareholders through share repurchases and dividends and remained on pace to deploy about… |