Business
Omnicom Announces $5 Billion Share Repurchase Program and Entry into $2.5 Billion of Accelerated Share Repurchase Arrangements
Omnicom (NYSE: OMC), the world's leading marketing and sales company, today announced that its Board of Directors approved a share repurchase program to repurchase up to $5 billion of Omnicom common stock as part of the company's capital allocation strategy.
About this update from Omnicom Group Inc.
[{"type":"text","content":"NEW YORK, Feb. 18, 2026 /PRNewswire/ -- Omnicom (NYSE: OMC), the world's leading marketing and sales company, today announced that its Board of Directors approved a share repurchase program to repurchase up to $5 billion of Omnicom common stock as part of the company's capital allocation strategy.","length":316,"tagName":"p"},{"type":"text","content":"Additionally, as a component of the share repurchase program, Omnicom has today executed accelerated share repurchase ("ASR") arrangements for $2.5 billion of Omnicom common stock. Pursuant to the ASR arrangements between Omnicom and certain financial institutions (the "Dealers"), Omnicom will repurchase $2.5 billion of Omnicom common stock. Omnicom is funding the share repurchases under the ASR arrangements with cash on hand.","length":450,"tagName":"p"},{"type":"text","content":"Under the ASR arrangements, Omnicom will pay $2.5 billion to the Dealers and expects to receive an initial delivery of shares of Omnicom common stock on February 20, 2026. The total number of shares purchased by Omnicom pursuant to the ASR arrangements will be based on the volume-weighted average price of Omnicom common stock on specified dates, less a discount, and subject to adjustments pursuant to the terms and conditions of the ASR arrangements.","length":453,"tagName":"p"},{"type":"text","content":"The final settlement of the transactions under the ASR arrangements is expected to occur no later than the end of the second quarter of 2026.","length":141,"tagName":"p"},{"type":"text","content":"Under the share repurchase program, repurchases can be made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or otherwise, all in accordance with applicable Securities and Exchange Commission ("SEC") and other legal requirements. The specific timing, price and size of purchases will depend on prevailing stock prices, general economic and market conditions, and other considerations. The overall share repurchase program, other than the ASR arrangements, does not obligate Omnicom to acquire any particular amount of its common stock, and may be suspended or discontinued at any time at Omnicom's discretion.","length":695,"tagName":"p"},{"type":"text","content":"PJT Partners is acting as Omnicom&#...