SPGI · 10-Q · 2026Q2 · Full report
Capital Return Program
S&P Global Inc. · 2026-07-28 · Importance 58 · Surprise 42 · No source text
S&P Global purchased 3.5 million shares for $1.5 billion of cash during the six months ended June 30, 2026 through February 12 and May 7 accelerated share repurchase agreements. The February 12, 2026 ASR delivered 2.0 million shares initially and 0.3 million additional shares at an average price of $426.70 per share. The May 7, 2026 ASR delivered 0.9 million shares initially and 0.3 million additional shares at an average price of $414.76 per share, and was completed on June 10, 2026. The company received 4.3 million shares during the six months, including 0.8 million shares related to the December 4, 2025 ASR agreement, versus 2.7 million shares received in the first six months of 2025.
Key facts
- On February 12, 2026 the ASR agreement initial shares delivered were 2.0 million, additional shares delivered 0.3 million, total purchased 2.3 million, average price paid per share $426.70 and total cash utilized $1,000 (in millions)
- During the six months ended June 30, 2026 we purchased a total of 3.5 million shares for $1.5 billion of cash related to our February 12, 2026 and May 7, 2026 ASR agreements
- On May 7, 2026 the ASR agreement initial shares delivered were 0.9 million, additional shares delivered 0.3 million, total purchased 1.2 million, average price paid per share $414.76
- During the six months ended June 30, 2025 we purchased a total of 2.4 million shares for $1.3 billion of cash
- On May 6, 2025 the ASR agreement initial shares delivered were 1.0 million, additional shares delivered 0.2 million, total purchased 1.2 million, average price paid per share $518.47
- On February 19, 2025 the ASR agreement initial shares delivered were 1.0 million, additional shares delivered 0.3 million, total purchased 1.3 million, average price paid per share $491.12
- The Board of Directors approved a quarterly common stock dividend of $0.97 per share on January 14, 2026.
- On January 14, 2026, the Board approved an increase in the dividends for 2026 to a quarterly common stock dividend of $0.97 per share.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -2.4% | During the six months ended June 30, 2026 we purchased a total of 3.5 million shares for $1.5 billion of cash related to our February 12,… |
| cash | negative | realized | -0.8% | On May 7, 2026 the ASR agreement initial shares delivered were 0.9 million, additional shares delivered 0.3 million, total purchased 1.2… |