LLY · 10-Q · 2026Q1 · Full report

Capital Return Program

ELI LILLY & Co · 2026-04-30 · Importance 56 · Surprise 24 · In source text

During the three months ended March 31, 2026, Lilly repurchased $2.3 billion of shares under its $15.0 billion repurchase program authorized in December 2024 and had $8.6 billion remaining under the program as of March 31, 2026. In the same period, Lilly paid dividends of $1.5 billion ($1.73 per share). These cash returns to shareholders are material cash uses in the quarter and will affect near-term liquidity and cash reserves. Management continues to balance capital returns with investments in manufacturing expansion and business development.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-2.0%During the three months ended March 31, 2026, we repurchased $2.3 billion of shares under our $15.0 billion share repurchase program…
cashnegativerealized-1.3%During the three months ended March 31, 2026, we paid dividends of $1.5 billion, or $1.73 per share, to our shareholders.