FirstCash Holdings, Inc. filed an 8-K on October 28, 2026, disclosing that its Board of Directors approved a $200 million increase to the company's existing stock repurchase authorization, bringing the total program to $350 million.

Key Highlights

  • Authorization increase: The Board approved an additional $200 million, raising the total repurchase authorization to $350 million.
  • Amount utilized: According to the filing, $128 million of the authorization has been utilized to date.
  • Board approval date: The Board unanimously approved the increased authorization on October 27, 2026.
  • Purchase methods permitted: The company may buy shares through open market transactions, block purchases, or privately negotiated transactions, including plans under Rule 10b5-1 and Rule 10b-18.
  • No time limit: The filing states no time limit was set for completion of repurchases, and the program may be suspended or discontinued at any time.

FirstCash Holdings Expands Repurchase Authorization to $350 Million

FirstCash Holdings, Inc. (NASDAQ:FCFS), headquartered in Fort Worth, Texas, reported via an 8-K filed October 28, 2026, that its Board of Directors approved an increase of $200 million to the company's current stock repurchase authorization. The filing states that this brings "the total authorization under the program to $350 million of which $128 million has been utilized to date."

According to the filing, the Board's approval was unanimous and dated October 27, 2026. Repurchases under the authorization may be conducted through open market transactions, block purchases, or other privately negotiated transactions. The company may also execute repurchases pursuant to a trading plan in accordance with Rule 10b5-1 and Rule 10b-18 under the Exchange Act, or through any combination of those methods.

The filing notes that the number of shares purchased and the timing of purchases will be based on a variety of factors, which the company described as including "the level of cash balances, liquidity needs, credit availability, debt covenant restrictions, general business and economic conditions, regulatory requirements, the market price of the Company's stock, the Company's dividend policy and the availability of acquisitions or other alternative investment opportunities." The filing further states that no time limit was set for the completion of repurchases and that the program may be suspended or discontinued at any time. The 8-K was signed by Brian D. Hostetler, Senior Vice President and Chief Accounting Officer.

What Was Disclosed

FirstCash Holdings disclosed a Board-approved $200 million increase to its stock repurchase authorization, bringing the total to $350 million with $128 million already utilized. No expiration date was set for the program.