The buyback signals management's view that shares are undervalued, but the program is discretionary and does not guarantee actual repurchases. Monitor future 10-Q filings for actual buyback activity and any impact on cash reserves.
Price Chart
Executive Summary
i3 Verticals announced a new $100 million share repurchase program, replacing the prior program that was fully expended. This is a capital allocation decision with no accompanying financial results or guidance, making it a routine event.
Key Facts
- Board approved new share repurchase program for up to $100 million of Class A common stock on May 12, 2026.
- Program replaces prior repurchase program adopted February 5, 2026, which was fully expended.
- Program expires on May 11, 2027, or when the maximum dollar amount is expended.
- Repurchases may be made in open market, privately negotiated transactions, or under Rule 10b5-1 plans.
- Program is discretionary and may be suspended or discontinued at any time.
Financial Impact
$100 million share repurchase authorization, representing approximately 16% of current market cap ($615M).
Risk Factors
- Program may not be fully utilized if market conditions or liquidity constraints arise.
- Buyback does not offset potential underlying business weakness; no financial results were provided in this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001728688-26-000034 |
| Document: 0001728688-26-000034-index-headers.html | 0001728688-26-000034 |
| Document: 0001728688-26-000034-index.html | 0001728688-26-000034 |
| Document: 0001728688-26-000034.txt | 0001728688-26-000034 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | SC 13G/A | $17.07 $16.94 | ▲ +0.76% | ▲ +1.29% | $16.98 (+0.53%) |
Oct 9, 2026 17d ago | 8-K | $16.20 $16.03 | ▼ −1.05% | ▼ −1.04% | $16.98 (+4.81%) |
Sep 30, 2026 26d ago | SC 13G | $14.46 $14.28 | ▼ −1.21% | ▼ −1.95% | $16.98 (+17.47%) |
Jun 2, 2026 20w ago | 8-K | $19.61 $19.86 | ▲ +1.27% | ▲ +0.88% | $16.98 (−13.41%) |
May 12, 2026 23w ago | 8-K | $18.89 $18.89 | · 0.00% | ▲ +0.00% | $16.98 (−10.11%) |
May 7, 2026 24w ago | 8-K | $21.14 $20.17 | ▼ −4.59% | ▼ −4.82% | $16.98 (−19.68%) |
US Market Status
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