iRhythm Holdings, Inc. filed a Form 8-K on November 12, 2026, disclosing that its board of directors approved a share repurchase program authorizing the purchase of up to $200.0 million of the company's outstanding common stock, with the board action taken on November 10, 2026.

Key Highlights

  • Board authorization: The board of directors approved the repurchase program on November 10, 2026.
  • Program size: The authorization covers up to $200.0 million of outstanding common stock.
  • Repurchase methods: Purchases may be made in the open market, in privately negotiated transactions, through accelerated share repurchase transactions, or by other methods.
  • Funding source: The company expects to fund repurchases with existing cash and cash equivalents and ongoing cash from operations.
  • No obligation: The program does not obligate the company to repurchase any particular dollar amount or number of shares and may be modified, suspended, or terminated at any time at the board's discretion.
  • Press release: The company issued a press release announcing the program on November 11, 2026, furnished as Exhibit 99.1.

iRhythm Holdings Board Authorizes Up to $200.0 Million in Common Stock Buybacks

According to the filing, iRhythm Holdings, Inc. (NASDAQ:IRTC) disclosed that its board of directors approved a share repurchase program on November 10, 2026, authorizing the purchase of up to $200.0 million of the company's outstanding common stock. The company reported that open market repurchases will be structured to comply with applicable federal and state securities laws, including within the pricing and volume conditions of Rule 10b-18 under the Securities Exchange Act of 1934.

The filing states that the company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases under this authorization. The amount and timing of any repurchases are to be determined at the company's discretion, depending on market conditions and corporate needs. The filing notes that the program "does not obligate the Company to repurchase any particular dollar amount or number of shares of common stock and may be modified, suspended or terminated at any time at the discretion of its board of directors."

The filing contains forward-looking statements regarding the amount, timing, methods, and funding sources of repurchases, which the company cautions are subject to known and unknown risks and uncertainties. The company cited risk factors discussed in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2026, filed with the SEC on November 5, 2026, as among the factors that could cause actual results to differ materially from those indicated by the forward-looking statements. The filing was signed by Daniel Wilson, Chief Financial Officer, on November 12, 2026.

What Was Disclosed

iRhythm Holdings, Inc. reported that its board approved a share repurchase program on November 10, 2026, authorizing up to $200.0 million in common stock buybacks, to be funded with existing cash and cash equivalents and ongoing cash from operations.