Verisk Analytics enters $1.5 billion accelerated share repurchase with two banks
Verisk Analytics said it entered into accelerated share repurchase agreements with HSBC Bank USA and Wells Fargo Bank to buy back $1.5 billion of its common stock, under its existing repurchase program. The company is funding the buyback with $500 million from a new 364-day term loan, $750 million from its revolving credit facility, and $250 million of cash on hand, which matters to shareholders because it uses borrowed money and leaves about $1.0 billion of authorization remaining.
Key points
- Repurchase agreements total $1.5 billion, dated February 20, 2026, with HSBC Bank USA and Wells Fargo Bank
- Funding: $500 million term loan, $750 million revolving credit facility, and $250 million cash on hand
- Initial delivery of about 7.0 million shares at the start of the agreements; final settlement expected no later than September 30, 2026
- About $1.0 billion will remain available under the existing share repurchase program
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.