First Solar, Inc. filed a Form 8-K on October 29, 2026, disclosing a board-authorized share repurchase program of up to $500 million and the release of third-quarter 2026 financial results.

Key Highlights

  • $500 million repurchase authorization: First Solar's board of directors authorized the repurchase of up to $500 million of the company's outstanding common stock, $0.001 par value.
  • No expiration date: According to the filing, the Repurchase Program has no expiration date and may be suspended or discontinued at any time.
  • No purchase obligation: The filing states the program "does not obligate the Company to acquire any amount of Common Stock."
  • Flexible repurchase methods: The company disclosed it may repurchase shares through open market purchases, privately negotiated transactions, accelerated share repurchase transactions, or other means.
  • Q3 2026 results announced: The company reported it issued a press release and held a conference call regarding financial results for the third quarter ended September 30, 2026.
  • Exchange listing: First Solar common stock is listed on NASDAQ:FSLR.

First Solar Discloses $500 Million Buyback and Q3 2026 Results

On October 29, 2026, First Solar, Inc. filed a current report disclosing two separate actions. Under Item 8.01, the company disclosed that its board of directors authorized a new share repurchase program covering up to $500 million of the company's outstanding common stock, which carries a par value of $0.001 per share. The filing notes the program has no expiration date and may be suspended or discontinued at any time without obligation to complete any purchases.

According to the filing, the timing and total amount of any repurchases will be determined by the company "from time to time at its discretion based on its evaluation of business, economic, and market conditions, corporate regulatory requirements, prevailing stock prices, and other considerations." The company disclosed it may use a variety of methods, including open market purchases relying on safe harbors under Rule 10b-18 and/or Rule 10b5-1, privately negotiated transactions, and accelerated share repurchase transactions, subject to applicable securities laws.

Separately, under Item 2.02, First Solar disclosed that on October 29, 2026, it issued a press release and held a conference call covering financial results for the third quarter ended September 30, 2026. The press release was furnished as Exhibit 99.1 to the filing. The filing notes that the information furnished under Item 2.02 and in Exhibit 99.1 "shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934." The report was signed by Jason Dymbort, General Counsel and Secretary.

What Was Disclosed

First Solar filed an 8-K on October 29, 2026, reporting a board authorization to repurchase up to $500 million of its common stock with no expiration date, and announcing its third-quarter 2026 financial results via press release and conference call.