HWM · 8-K · 20260806PR091610
Capital Return Program
Howmet Aerospace Inc. · 2026-08-06 · Importance 50 · Surprise 24 · In source text
Howmet repurchased $300 million of common stock in the second quarter at an average price of $250.61 per share, retiring approximately 1.2 million shares. The company repurchased another $200 million in July at an average price of $276.61 per share, retiring approximately 0.7 million shares. Year-to-date repurchases through July reached $800 million at an average price of $248.29 per share, exceeding the $700 million repurchased during all of 2025. As of August 6, 2026, $697 million remained available under the repurchase authorization.
Key facts
- Year to date through July 2026 repurchases: $800 million of shares at an average price of $248.29 per share, exceeding $700 million repurchased in all of 2025 source
- Repurchased $300 million of common stock in Q2 2026 at an average price of $250.61 per share, retiring approximately 1.2 million shares source
- Repurchased $200 million of common stock in July 2026 at an average price of $276.61 per share, retiring approximately 0.7 million shares source
- Total share repurchase authorization available as of August 6, 2026: $697 million source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | — | Year to date through July 2026 repurchases: $800 million of shares at an average price of $248.29 per share, exceeding $700 million… |