EXPE · 10-Q · 2026Q3 · Full report
Capital Return Program
Expedia Group, Inc. · 2026-11-05 · Importance 37 · Surprise 6 · In source text
Expedia paid $173 million in cash dividends during the first nine months of 2026. Financing cash outflows also included $1.7 billion paid to acquire shares, including shares repurchased under the company’s authorization and treasury-stock activity related to equity vesting. Total cash used in financing activities was $2.762 billion for the period. Those outflows were partly offset by $986 million of net proceeds from the April 2026 senior-notes issuance.
Key facts
- During the nine months ended September 30, 2026, Expedia Group repurchased 6.2 million shares under its 2023 Share Repurchase Program for approximately $1.5 billion, excluding transaction costs and excise tax. source
- As of September 30, 2026, $5.1 billion remained authorized for repurchase under Expedia Group’s 2023 and 2026 Share Repurchase Programs. source
- In November 2023, Expedia Group authorized a share repurchase program of up to $5 billion. source
- In May 2026, Expedia Group authorized an additional share repurchase program of up to $5 billion. source
- In the first nine months of 2026, Expedia Group used $1.8 billion for redemption of its 5.0% and 0% Convertible Notes, paid $1.7 billion to acquire shares and paid $173 million in cash dividends; these uses were partly offset by $986 million of net proceeds from 5.5% senior notes. source
- Expedia Group’s 2023 and 2026 Share Repurchase Programs have no fixed expiration dates and do not obligate the company to repurchase a specific number of shares. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -8.1% | As of September 30, 2026, $5.1 billion remained authorized for repurchase under Expedia Group’s 2023 and 2026 Share Repurchase Programs. |
| cash | negative | realized | -6.7% | In the first nine months of 2026, Expedia Group used $1.8 billion for redemption of its 5.0% and 0% Convertible Notes, paid $1.7 billion… |
| liability | positive | realized | +6.7% | In the first nine months of 2026, Expedia Group used $1.8 billion for redemption of its 5.0% and 0% Convertible Notes, paid $1.7 billion… |
| cash | negative | realized | -6.3% | In the first nine months of 2026, Expedia Group used $1.8 billion for redemption of its 5.0% and 0% Convertible Notes, paid $1.7 billion… |
| cash | positive | realized | +3.7% | In the first nine months of 2026, Expedia Group used $1.8 billion for redemption of its 5.0% and 0% Convertible Notes, paid $1.7 billion… |
| cash | negative | realized | -0.6% | In the first nine months of 2026, Expedia Group used $1.8 billion for redemption of its 5.0% and 0% Convertible Notes, paid $1.7 billion… |