Hamilton Lane INC 8-K

What Happened Hamilton Lane Inc. filed an 8-K on February 20, 2026, announcing it has commenced repurchases under its Stock Repurchase Program. The program was originally authorized on November 6, 2018 (board authorization to repurchase up to 6% of outstanding Class A common stock, not to exceed $50 million) and was most recently re‑approved by the board in December 2024. Repurchases may be made in the open market or in privately negotiated transactions.

Key Details

• Program authorized Nov 6, 2018: up to 6% of outstanding Class A common stock, capped at $50 million.
• Board re‑approved the repurchase program in December 2024.
• Company commenced repurchases on February 20, 2026.
• Prior to these repurchases, Hamilton Lane had not previously repurchased any Class A shares under this program, so the full $50 million/6% authority remained available; the company has not disclosed the number of shares or dollar amount repurchased to date.

Why It Matters A share repurchase program can reduce share count and potentially support per‑share metrics and the stock price by returning capital to shareholders. For investors, the material points are that the company has now begun using an existing board‑approved buyback authority and that the total amount and timing of purchases will depend on market conditions; no specific repurchase amount or schedule was disclosed in the filing.