Accenture raises fiscal 2026 buyback program by $2 billion
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Accenture (NYSE: ACN) announced a $2 billion increase to its fiscal year 2026 share repurchase program, bringing total planned repurchases to $7.5 billion, a 62% increase over the prior year. All repurchases are to be completed by August 31, 2026, under board authorization approved in September 2025.
The additional $2 billion is incremental to the $300 million already planned for the current quarter, bringing total expected fourth-quarter repurchases to $2.3 billion.
Chair and CEO Julie Sweet said in a statement that the company's "current share price" does not reflect Accenture's position or "the strength of our business fundamentals," adding that the company is "acting decisively to accelerate returns to shareholders while continuing to significantly invest in our business."
Year-to-date, Accenture has returned $8.2 billion to shareholders through dividends and share repurchases. Including the increased buyback, total planned shareholder returns for fiscal year 2026 are expected to reach $11.5 billion, a more than 38% increase year-over-year.
Following the expected repurchases, approximately $1 billion in additional repurchase capacity would remain under the existing board authorization. The company said it will request additional board authorization in September 2026.
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