STZ · 8-K · 20261006PR000039
Capital Return Program
CONSTELLATION BRANDS, INC. · 2026-10-06 · Importance 20 · Surprise 6 · In source text
The company reported returning more than $800 million to shareholders through share repurchases and dividends during the first half of fiscal 2027. It repurchased $530 million of shares year to date through September 2026; cash-flow statements show $454.7 million of treasury-stock purchases and $353.8 million of dividends paid in the six months ended August 31, 2026. The board declared a quarterly dividend of $1.03 per Class A share, payable November 13, 2026, to holders of record October 30, 2026.
Key facts
- Constellation declared a quarterly cash dividend of $1.03 per share of Class A Common Stock, payable November 13, 2026, to holders of record October 30, 2026. source
- For the first half of FY2027, Constellation returned more than $800 million to shareholders through share repurchases and dividends. source
- Constellation repurchased $530 million of shares year-to-date through September 2026. source
- For the six months ended August 31, 2026, Constellation paid $353.8 million in dividends and spent $454.7 million to purchase treasury stock. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Constellation declared a quarterly cash dividend of $1.03 per share of Class A Common Stock, payable November 13, 2026, to holders of… |
| cash | negative | realized | — | For the first half of FY2027, Constellation returned more than $800 million to shareholders through share repurchases and dividends. |