BRIGHT HORIZONS FAMILY SOLUTIONS INC. 8-K

What Happened

• Bright Horizons Family Solutions Inc. announced on March 9, 2026 that its Board authorized a new share repurchase program allowing the company to repurchase up to $600 million of its outstanding common stock. The program is effective as of the Authorization Date and replaces and cancels the prior $500 million authorization announced in June 2025.

Key Details

• Authorization date: March 9, 2026; new repurchase limit: $600 million (exclusive of fees/commissions).
• The June 2025 authorization was canceled; approximately $127.6 million remained available under that prior authorization as of the Authorization Date.
• Repurchases may occur in open market transactions, privately negotiated transactions, or by other means consistent with federal securities law (including Rule 10b5-1 plans or accelerated share repurchase programs).
• Shares purchased under the program will be retired; the program has no expiration date and may be suspended, modified or discontinued at any time. Repurchases will comply with applicable legal requirements and the company’s senior secured credit facility.

Why It Matters

• Retiring repurchased shares reduces the company’s outstanding share count, which can increase earnings per share (EPS) all else equal.
• The program gives management flexibility to buy shares over time, subject to market conditions, legal limits and covenants under the company’s credit facility.
• There is no set timeline or guaranteed amount to be repurchased; actual timing and amounts will depend on market price, economic conditions and management’s discretion.