TSCO · 10-Q · 2026Q3 · Full report

Capital Return Program

TRACTOR SUPPLY CO /DE/ · 2026-11-05 · Importance 37 · Surprise 6 · In source text

In the third quarter of fiscal 2026, the Company repurchased approximately 2.7 million shares for $88.5 million, excluding the 1% excise tax, and paid $124.9 million in dividends, returning $213.4 million to stockholders. For the first nine months, it repurchased approximately 8.9 million shares for $341.8 million, excluding excise tax, and paid $377.0 million in dividends, returning $718.8 million. The repurchase program has $7.50 billion in total authorization and $784.9 million of remaining authorization as of September 26, 2026. The program has no expiration date and repurchases may be made on the open market or in privately negotiated transactions.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-5.9%In the first nine months of fiscal 2026, the Company repurchased approximately 8.9 million common shares for $341.8 million, excluding the…
cashnegativecommitted-5.5%The Company’s Board most recently increased its share repurchase authorization by $1.00 billion on February 12, 2025; total authorization…
cashnegativecommitted-2.7%As of September 26, 2026, the Company had remaining share repurchase authorization of $784.9 million, excluding fees, commissions or other…