Verisk Accelerates $1.5 Billion Stock Buyback, Leaves $1 Billion Capacity
Verisk Analytics has entered accelerated share repurchase agreements to repurchase $1.5 billion of its common stock, receiving approximately 7 million shares upfront from HSBC Bank USA and Wells Fargo Bank. The board recently increased the total repurchase authorization to $2.5 billion, leaving roughly $1 billion available under its program.
1. Accelerated Share Repurchase Agreements
Verisk entered into accelerated share repurchase agreements with HSBC Bank USA and Wells Fargo Bank to repurchase $1.5 billion of common stock, receiving approximately 7 million shares at inception.
2. Increased Authorization and Remaining Capacity
In conjunction with the buyback, the board raised the total share repurchase authorization to $2.5 billion, leaving roughly $1 billion available for future transactions under the existing program.
3. Q4 Financial Results and 2026 Guidance
In the fourth quarter, adjusted EPS reached $1.82 on revenue of $778.8 million, topping estimates, while 2026 guidance projects adjusted EPS of $7.45–$7.75 and revenue of $3.19–$3.24 billion.
4. Settlement Timeline and Operational Impact
The accelerated repurchase is expected to settle by the end of the third fiscal quarter on September 30, 2026, underscoring confidence in cash flow generation and supporting long-term growth initiatives.