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
- The Company’s Board most recently increased its share repurchase authorization by $1.00 billion on February 12, 2025; total authorization is $7.50 billion, with $784.9 million remaining as of September 26, 2026. source
- In the first nine months of fiscal 2026, the Company repurchased approximately 8.9 million common shares for $341.8 million, excluding the 1% excise tax, and paid $377.0 million in quarterly cash dividends, returning $718.8 million to stockholders. source
- In third-quarter fiscal 2026, the Company repurchased approximately 2.7 million common shares for $88.5 million, excluding the 1% excise tax, and paid $124.9 million in quarterly cash dividends, returning $213.4 million to stockholders. source
- As of September 26, 2026, the Company had remaining share repurchase authorization of $784.9 million, excluding fees, commissions or other expenses. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -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… |
| cash | negative | committed | -5.5% | The Company’s Board most recently increased its share repurchase authorization by $1.00 billion on February 12, 2025; total authorization… |
| cash | negative | committed | -2.7% | As of September 26, 2026, the Company had remaining share repurchase authorization of $784.9 million, excluding fees, commissions or other… |