JPM · 10-Q · 2026Q2 · Full report
Capital Return Program
JPMORGAN CHASE & CO · 2026-08-06 · Importance 75 · Surprise 60 · In source text
The firm repurchased $15.031 billion of common stock during the six months ended June 30, 2026, including $6.703 billion in the second quarter, compared with $15.063 billion and $7.500 billion, respectively, in the prior-year periods. On June 24, 2026, the Board authorized a new $50 billion common-share repurchase program effective July 1, 2026. The Board declared a $1.50-per-share quarterly dividend payable July 31, 2026, and announced its intent to increase the third-quarter dividend to $1.65 per share. Six-month dividends declared on common stock reduced CET1 capital by $8.100 billion, while net treasury-stock purchases reduced CET1 capital by $13.842 billion.
Key facts
- Treasury stock repurchased during the six months ended June 30, 2026: $15,113 million (Treasury stock repurchased line in financing activities). source
- Three months ended June 30, 2026 repurchased total number of shares of common stock: 21.7 million; aggregate purchase price $6,703 million. source
- Six months ended June 30, 2026 repurchased total number of shares of common stock: 49.3 million; aggregate purchase price $15,031 million. source
- On June 24, 2026, the Board authorized a new $50 billion common share repurchase program, effective July 1, 2026. source
- On June 24, 2026, the Board announced its intent to increase the quarterly common stock dividend to $1.65 per share for the third quarter of 2026. source
- Dividends paid during the six months ended June 30, 2026: $8,716 million (cash dividends line in financing activities). source
- Through June 30, 2026, the Firm was authorized to purchase up to $50 billion of common shares under its previously-approved repurchase program announced on July 1, 2025. source
- Dividends declared on common stock for the six months ended June 30, 2026 were $8,100 million and net purchase of treasury stock was $13,842 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -0.8% | On June 24, 2026, the Board authorized a new $50 billion common share repurchase program, effective July 1, 2026. |
| cash | negative | realized | -0.3% | Treasury stock repurchased during the six months ended June 30, 2026: $15,113 million (Treasury stock repurchased line in financing… |
| cash | negative | realized | -0.2% | Dividends paid during the six months ended June 30, 2026: $8,716 million (cash dividends line in financing activities). |
| cash | negative | committed | — | On June 24, 2026, the Board announced its intent to increase the quarterly common stock dividend to $1.65 per share for the third quarter… |