PGR · 10-Q · 2026Q3 · Full report
Capital Return Program
PROGRESSIVE CORP/OH/ · 2026-11-02 · Importance 38 · Surprise 24 · Matches filing data
During the first nine months of 2026, Progressive repurchased 7.7 million common shares for $1.6 billion, through open-market purchases and shares withheld for employee equity-award taxes. The Board declared a $0.10-per-share dividend in each of the first three quarters of 2026; each quarterly dividend totaled $58 million and was paid in April, July, and October. In January 2026, the company also paid $8.0 billion, or $13.60 per share, in dividends declared in fourth-quarter 2025. Share repurchases and dividends were funded within a capital position that included $42.9 billion of total capital at September 30, 2026.
Key facts
- In January 2026, Progressive paid fourth-quarter 2025 common dividends totaling $8.0 billion, or $13.60 per share. source
- Progressive repurchased 7.7 million common shares during the first nine months of 2026 at a total cost of $1.6 billion, through open-market purchases and tax withholding tied to vested equity awards. source
- Progressive declared a $0.10-per-share dividend in each of the first three quarters of 2026; each dividend totaled $58 million and was paid in April, July, and October 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -6.3% | In January 2026, Progressive paid fourth-quarter 2025 common dividends totaling $8.0 billion, or $13.60 per share. |