PSX · 8-K · 20260805PR000030
Capital Return Program
Phillips 66 · 2026-08-05 · Importance 42 · Surprise 40 · In source text
Phillips 66 returned $887 million to shareholders in the second quarter, compared with $778 million in the first quarter. Common-stock repurchases totaled $379 million, up from $269 million sequentially. Common-stock dividends paid were $508 million, broadly consistent with $509 million in the first quarter. Management stated that the capital allocation framework includes capital investment, dividends, share repurchases and debt reduction.
Key facts
- Return of capital to shareholders for 2Q 2026: $887 million source
- Repurchases of common stock in 2Q 2026: $379 million source
- Dividends paid on common stock in 2Q 2026: $508 million source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | — | Return of capital to shareholders for 2Q 2026: $887 million |