GOOG · 10-Q · 2026Q2 · Full report
Capital Return Program
Alphabet Inc. · 2026-07-23 · Importance 64 · Surprise 42 · In source text
Alphabet made no Class A or Class C share repurchases during the second quarter or first six months of 2026. Of the $70.0 billion repurchase authorization approved in April 2025, $69.5 billion remained available at June 30, 2026. Common-stock dividends for the first six months totaled $2.5 billion on Class A, $359 million on Class B, and $2.4 billion on Class C shares. The April 2026 common dividend increased 5% to $0.22 per share from $0.21, while July 2026 preferred dividends were declared at $12.15 per preferred share.
Key facts
- In the three and six months ended June 30, 2026 there were no repurchases of Class A or Class C shares; as of June 30, 2026 $69.5 billion remained available under the $70.0 billion repurchase authorization. source
- In April 2026 the Board declared a quarterly cash dividend of $0.22 per share, a 5% increase from $0.21 per share. source
- In July 2026 the Board declared a quarterly cash dividend of $12.15 per share on Series A and Series B mandatory convertible preferred stock (approx $0.60 per depositary share) and $0.22 per share on Class A, B, and C common stock; preferred dividend payable Aug 15, 2026 and common payable Sep 14, 2026. source
- In the three and six months ended June 30, 2026 total cash dividends on common stock were $1.3 billion and $2.5 billion for Class A, $184 million and $359 million for Class B, and $1.2 billion and $2.4 billion for Class C, respectively. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | In April 2026 the Board declared a quarterly cash dividend of $0.22 per share, a 5% increase from $0.21 per share. |
| liability | negative | committed | — | In July 2026 the Board declared a quarterly cash dividend of $12.15 per share on Series A and Series B mandatory convertible preferred… |