Brinker International, Inc. filed a Form 8-K on August 12, 2026, disclosing a new $718.0 million addition to its share repurchase authorization and the release of its fourth quarter fiscal 2026 earnings press release.

Key Highlights

  • New repurchase authorization: The Board of Directors authorized the repurchase of up to an additional $718.0 million in common stock on August 10, 2026.
  • Total available authority: The additional authorization brings total available authority under the Repurchase Program to $750.0 million.
  • Open-ended term: The repurchase program has no fixed expiration but may be suspended, modified, or discontinued at any time.
  • No purchase obligation: According to the filing, the program "does not obligate the Company to acquire any particular amount of common stock."
  • Q4 fiscal 2026 results: The company issued a press release on August 12, 2026, announcing fourth quarter fiscal 2026 results and guidance for fiscal 2027, attached as Exhibit 99.1.

Brinker International Expands Buyback Capacity and Reports Fiscal Q4 2026 Results

Brinker International, Inc. (NYSE:EAT), the Dallas-based operator of Chili's Grill and Bar and Maggiano's Little Italy, filed a current report on August 12, 2026, covering two separate disclosures. The first concerns a significant expansion of the company's share repurchase program, and the second relates to the release of its fourth quarter fiscal 2026 financial results.

According to the filing, the Board of Directors on August 10, 2026, authorized an additional $718.0 million for repurchases of the company's common stock. This addition, the filing stated, brings the total available authority under the existing Repurchase Program to $750.0 million. The filing noted that the authorization carries an open-ended term and that the program may be "suspended, modified or discontinued at any time," and that it "does not obligate the Company to acquire any particular amount of common stock."

Separately, the company disclosed that on August 12, 2026, it issued a press release covering fourth quarter fiscal 2026 operating results and guidance for fiscal 2027. That press release is included as Exhibit 99.1 to the filing. The company noted that the results information furnished under Item 2.02 "shall not be deemed to be 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934" and is not incorporated by reference into any registration statement. The report was signed by Kevin D. Hochman, President and Chief Executive Officer of Brinker International, Inc.

What Was Disclosed

Brinker International disclosed a $718.0 million addition to its share repurchase program, bringing total available authority to $750.0 million, alongside the furnishing of a fourth quarter fiscal 2026 earnings press release covering results and fiscal 2027 guidance.