HSY · 10-Q · 2026Q3 · Full report

Share Repurchase Program

HERSHEY CO · 2026-10-29 · Importance 44 · Surprise 24 · Matches filing data

Hershey used $439.4 million for share repurchases in the first nine months of 2026, including $200.0 million under pre-approved programs and $239.4 million to replace treasury shares issued for compensation. The company repurchased 1.0 million shares under pre-approved programs. Approximately $270 million remained under the December 2023 $500 million authorization, and a new $500 million authorization approved in June 2026 will begin after the existing authorization is completed.

Key facts

• In June 2026, Hershey’s Board approved an additional $500 million share repurchase authorization, to commence after completion of the existing 2023 authorization and be used at management’s discretion. source
• Hershey repurchased $200.0 million of shares under pre-approved share repurchase programs and $239.4 million to replace Treasury Stock issued for options and incentive compensation during the first nine months of 2026; total repurchases were $439.4 million excluding excise tax. source
• Hershey’s December 2023 Board-authorized share repurchase program had approximately $270 million remaining available. source
• The share repurchase program has no expiration date; purchases may be made in open-market or privately negotiated transactions, and shares acquired will be held as treasury shares. source

Impact estimates