TSCO · 10-Q · 2026Q2 · Full report
Capital Return Program
TRACTOR SUPPLY CO /DE/ · 2026-08-06 · Importance 76 · Surprise 56 · In source text
During the second quarter, Tractor Supply repurchased approximately 3.9 million shares for $135.3 million excluding excise tax and paid $125.6 million of quarterly dividends.,First-half repurchases totaled approximately 6.2 million shares and $253.3 million excluding excise tax, compared with $170.0 million of repurchases in the prior-year period.,First-half cash dividends totaled $252.0 million, bringing total capital returned to stockholders to $505.3 million.,The share repurchase authorization totals $7.50 billion with $873.4 million remaining at June 27, 2026 and has no expiration date.,The board declared a $0.24-per-share quarterly dividend on August 5, 2026, payable September 8, 2026 to shareholders of record August 24, 2026.
Key facts
- During first six months of fiscal 2026 repurchased approximately 6.2 million shares at a total cost of $253.3 million (excluding the 1% excise tax) and paid quarterly cash dividends totaling $252.0 million, returning $505.3 million to stockholders. source
- During Q2 fiscal 2026 repurchased approximately 3.9 million shares at a total cost of $135.3 million (excluding the 1% excise tax) and paid quarterly cash dividends totaling $125.6 million, returning $260.9 million of capital to stockholders. source
- Repurchase of common stock in first six months of fiscal 2026: $(253.6) million vs $(170.0) million prior year (variance -$83.6 million); cash dividends paid $(252.0) million vs $(244.4) million prior year. source
- On August 5, 2026 Board declared a quarterly cash dividend of $0.24 per share to be paid on September 8, 2026 to stockholders of record as of close of business on August 24, 2026. source
- Total amount authorized under share repurchase program currently $7.50 billion; program most recently increased by $1.00 billion on February 12, 2025; remaining authorization as of June 27, 2026: $873.4 million. source
- Number of shares repurchased in first six months of fiscal 2026: 6,199 (thousands), average price paid per share $40.86, total cost $255,643 (thousands). source
- Number of shares repurchased in Q2 fiscal 2026: 3,875 (thousands), average price paid per share $34.92, total cost $136,832 (thousands). source
- Dividends declared May 13, 2026 and February 10, 2026: $0.24 per share each (paid June 9, 2026 and March 10, 2026 respectively). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -6.1% | Total amount authorized under share repurchase program currently $7.50 billion; program most recently increased by $1.00 billion on… |
| cash | negative | realized | -4.2% | During first six months of fiscal 2026 repurchased approximately 6.2 million shares at a total cost of $253.3 million (excluding the 1%… |
| liability | negative | committed | — | On August 5, 2026 Board declared a quarterly cash dividend of $0.24 per share to be paid on September 8, 2026 to stockholders of record as… |