UNH · 10-Q · 2026Q2 · Full report
Capital Return Program
UNITEDHEALTH GROUP INC · 2026-08-10 · Importance 65 · Surprise 82 · No source text
UnitedHealth Group repurchased approximately 10.5 million shares for $1.646 billion during the first six months of 2026, compared with $5.545 billion in the prior-year period. The repurchases included 6.4 million shares held by a counterparty under forward share-repurchase contracts, purchased at an average price of $312.73 and settled on July 1, 2026. The company had authorization to repurchase up to 10.6 million additional shares at June 30, 2026. In June 2026, the board increased the annualized quarterly dividend to $9.28 per share from $8.84, and first-half dividends paid rose $180 million to $4.092 billion.
Key facts
- During the six months ended June 30, 2026 the company repurchased approximately 10.5 million shares at an average price of $344.08 per share, including 6.4 million shares purchased and held by a counterparty at an average price of $312.73 per share pursuant to forward share repurchase contracts that were settled on July 1, 2026. source
- In June 2026, the Board increased the quarterly cash dividend to an annual rate of $9.28 per share compared to $8.84 per share paid since June 2025. source
- As of June 30, 2026, the Board authorized purchase of up to 10.6 million shares of common stock. source
- Share repurchases for the six months ended June 30, 2026 were $1,646 million compared to $5,545 million for the six months ended June 30, 2025 (a decrease of $3,899 million). source
- Cash dividends paid for the six months ended June 30, 2026 were $4,092 million compared to $3,912 million for the six months ended June 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -1.2% | During the six months ended June 30, 2026 the company repurchased approximately 10.5 million shares at an average price of $344.08 per… |
| cash | negative | committed | — | In June 2026, the Board increased the quarterly cash dividend to an annual rate of $9.28 per share compared to $8.84 per share paid since… |