FICO · 10-K · 2026A · Full report
Share Repurchase Program
FAIR ISAAC CORP · 2026-11-06 · Importance 89 · Surprise 82 · From source text
FICO repurchased 2.5 million shares for $3.1 billion in fiscal 2026, compared with $1.4 billion in fiscal 2025. The June 2026 program authorizes up to $2.0 billion of repurchases and had $500.0 million remaining at September 30, 2026. The fiscal 2026 total included $1.5 billion under an accelerated share repurchase agreement funded with proceeds from a $1.5 billion term loan. FICO received 1,055,103 shares initially in June 2026 and 229,640 additional shares at settlement in July, for 1,284,743 shares repurchased under the agreement.
Key facts
- FAIR ISAAC CORP’s June 2025 stock repurchase program authorized up to $1.0 billion in repurchases and replaced its July 2024 program, which was terminated before expiration. source
- In February 2026, FAIR ISAAC CORP approved an open-ended stock repurchase program authorizing up to $1.5 billion, replacing the June 2025 program, which was terminated before expiration. source
- In June 2026, FAIR ISAAC CORP approved an open-ended $2.0 billion stock repurchase program, replacing the February 2026 program, which was terminated before expiration; repurchases may occur in the open market, negotiated transactions, or accelerated share repurchase programs. source
- FAIR ISAAC CORP’s fiscal 2026 share repurchases totaled $3.1 billion, including $1.5 billion paid under the ASR Agreement, compared with $1.4 billion in fiscal 2025. source
- As of September 30, 2026, FAIR ISAAC CORP had $500.0 million remaining under its June 2026 repurchase program and had spent $3.1 billion on repurchases during fiscal 2026, including $1.5 billion under the ASR Agreement. source
- During fiscal 2026, FAIR ISAAC CORP repurchased 2.5 million shares for a total repurchase price of $3.1 billion. source
- In June 2026, FAIR ISAAC CORP amended its credit agreement to provide for a $1.5 billion term loan, which funded an accelerated share repurchase agreement. source
- Under the ASR Agreement, FAIR ISAAC CORP received 1,055,103 shares in June 2026, approximately 80% of the expected total, and 229,640 additional shares when it settled the agreement in July 2026, for a total of 1,284,743 repurchased shares. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -81.9% | FAIR ISAAC CORP’s fiscal 2026 share repurchases totaled $3.1 billion, including $1.5 billion paid under the ASR Agreement, compared with… |