Cisco repurchases $1.3 billion of stock in fiscal Q3 at an average $80.28
Cisco bought back about 16 million shares for $1.3 billion in its fiscal third quarter, at an average price of $80.28, and returned $2.9 billion to shareholders in total. It declared a $0.42 quarterly dividend payable July 22, 2026, with a record date of July 6, and reported $9.6 billion of buyback authorization remaining. The buyback pace shows management is still returning most of the cash flow while the AI order cycle builds.
- About 16 million shares repurchased for $1.3 billion
- Average repurchase price $80.28 per share
- Total capital returned in the quarter: $2.9 billion
- Quarterly dividend $0.42, payable July 22, 2026; record date July 6, 2026
- Remaining buyback authorization $9.6 billion
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Source
Cisco Investor RelationsMay 13, 2026