PFE · 8-K · 20260804PR000094

Capital Return Program

PFIZER INC · 2026-08-04 · Importance 37 · Surprise 6 · In source text

Pfizer paid $4.9 billion of cash dividends during the first six months of 2026, equal to $0.86 per common share. The company invested $5.3 billion in internal R&D projects and approximately $170 million in business development transactions during the same period. No share repurchases had been completed in 2026 as of August 4, and the remaining repurchase authorization was $3.3 billion. Current 2026 financial guidance assumes no share repurchases while Pfizer continues to delever its balance sheet.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealizedPfizer returned $4.9 billion of cash dividends in the first six months of 2026, or $0.86 per share