Equity

Share Repurchase Authorization Limit

Royalty Pharma Share Repurchase Authorization Limit decreased by 10.5% to $1.70B in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2024

How to read this metric

Higher limits suggest strong cash flow and management's belief that the stock is undervalued.

Detailed definition

This is the maximum dollar value or share count authorized by the Board of Directors for the repurchase of the company's...

Peer comparison

Common among mature, cash-generative companies seeking to optimize their capital structure.

Metric ID: share_repurchase_authorization_limit

Historical Data

4 periods
 Q1 '25Q2 '25Q3 '25Q1 '26
Value$2.30B$2.00B$1.90B$1.70B
QoQ Change-13.0%-5.0%-10.5%
YoY Change-26.1%
Range$1.70B$2.30B
Avg YoY Growth-26.1%
Median YoY Growth-26.1%
Current Streak3+ quarters decline

Share Repurchase Authorization Limit at Other Companies

Frequently Asked Questions

What is Royalty Pharma's share repurchase authorization limit?
Royalty Pharma (RPRX) reported share repurchase authorization limit of $1.70B in Q1 2026.
What does share repurchase authorization limit mean?
The maximum amount the company is allowed to spend on buying back its own stock.