how far along is SFM share buyback

Sprouts Farmers Market’s latest buyback is still early in the program : management authorized a new $1 billion repurchase plan in August 2025, replacing a prior authorization with about $143 million left. By February 17, 2026, the company had already repurchased 3,092,789 shares for about $259.79 million , which is roughly 26% of the new authorization completed.

Quick Scoop

The pace looks steady rather than rushed. Based on the February update, the company had used a little over a quarter of the new program, and the buyback remains discretionary with no fixed expiration date.

What the numbers show

Item| Amount| Status
---|---|---
New authorization| $1.0 billion| Approved August 2025 1
Prior authorization remaining| about $143 million| Replaced by the new plan 1
Repurchased by Feb. 17, 2026| $259.79 million| about 26% of new plan 2
Shares repurchased by Feb. 17, 2026| 3,092,789| about 3.17% of shares referenced in the tranche update 2

Forum-style read

“Looks like they’re buying, but they’re not anywhere near done.”

That’s the practical read from the filings and updates: the company has meaningful room left to continue repurchases, and the board can adjust timing based on market conditions and capital needs.

Context

One later market summary noted that Sprouts had returned $472 million to shareholders through repurchases by the end of 2025, but that figure appears to include the broader capital return picture rather than just the February 2026 tranche update. So if you’re asking “how far along is the buyback,” the cleanest answer is: roughly one-quarter of the new $1 billion authorization had been used by mid-February 2026.

TL;DR

SFM’s share buyback is underway and about 26% complete on the latest clear update I found, with roughly $740 million still available under the new authorization.