PGR · 8-K · 20260819PR000315

Capital Return Program

PROGRESSIVE CORP/OH/ · 2026-08-19 · Importance 34 · Surprise 42

Progressive repurchased 650,241 common shares during July 2026. The average repurchase cost was $209.46 per share, implying approximately $136 million of July share repurchases. Average diluted equivalent common shares declined 1% year over year to 582.9 million, while common shares outstanding were 581.1 million at July 31, 2026.

Key facts

• Common shares repurchased in the current month (July 2026): 650,241 shares; Average cost per common share: $209.46 source
• Average diluted equivalent common shares for July 2026: 582.9 million, July 2025: 588.2 million, change (1)% source
• Common shares outstanding as of July 31, 2026: 581.1 million source