WORLD ACCEPTANCE CORP 8-K

What Happened
On February 11, 2026, World Acceptance Corporation announced that its Board of Directors approved a share repurchase program authorizing the company to buy back up to $50.0 million of its outstanding common stock. The $50.0 million amount is inclusive of any availability remaining under prior repurchase authorizations.

Key Details

• Board approval date: February 11, 2026.
• Authorization amount: Up to $50.0 million of common stock (inclusive of prior authorizations).
• Repurchase timing/amounts: Will depend on stock price, corporate and regulatory requirements, available funds, alternative capital uses, restrictions under the company’s Revolving Credit Agreement, and other market/economic conditions.
• The repurchase program may be suspended or discontinued at any time.

Why It Matters
A board-approved repurchase program can return capital to shareholders and may support the stock price by reducing outstanding shares, but actual repurchases are not guaranteed. Investors should note the $50.0 million cap is inclusive of prior authorizations and that buybacks depend on available funds and credit agreement restrictions. For concrete impact on shares outstanding or per-share metrics, investors should monitor future disclosures about the timing and size of actual repurchases.