MA · 10-Q · 2026Q2 · Full report
Capital Return Program
Mastercard Inc · 2026-07-30 · Importance 56 · Surprise 24 · In source text
Mastercard repurchased 17.6 million Class A shares for $8.933 billion during the six months ended June 30, 2026, at an average price of $508.11 per share. The company paid $1.5 billion in dividends during the period and declared quarterly dividends of $0.87 per share payable in 2026. A December 2025 authorization permits up to $14.0 billion of Class A repurchases, and $8.528 billion remained available at June 30, 2026. The company stated that future repurchase timing will depend on operating cash needs, legal requirements, share price, and economic and market conditions.
Key facts
- Remaining share repurchase authorization at December 31, 2025: $17,461 million; remaining authorization at June 30, 2026: $8,528 million source
- Repurchased 17.6 million shares of common stock for $8.9 billion in the six months ended June 30, 2026; average price paid per share $508.11 source
- Paid dividends of $1.5 billion for the six months ended June 30, 2026 source
- Declared quarterly dividends payable in 2026 of $0.87 per share on December 9, 2025, February 10, 2026 and June 16, 2026 declaration dates source
- Net cash used in financing activities for six months ended June 30, 2026: $(5,040) million, versus $(5,993) million in 2025 (decrease in use of $953 million) source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -15.4% | Repurchased 17.6 million shares of common stock for $8.9 billion in the six months ended June 30, 2026; average price paid per share $508.11 |
| assets | negative | realized | -15.4% | Repurchased 17.6 million shares of common stock for $8.9 billion in the six months ended June 30, 2026; average price paid per share $508.11 |
| cash | negative | realized | -2.6% | Paid dividends of $1.5 billion for the six months ended June 30, 2026 |
| liability | negative | committed | — | Declared quarterly dividends payable in 2026 of $0.87 per share on December 9, 2025, February 10, 2026 and June 16, 2026 declaration dates |