World Acceptance (WRLD) board approves up to $50M common stock repurchase

Rhea-AI Filing Summary

World Acceptance Corporation disclosed that its Board of Directors approved a new share repurchase program authorizing the company to buy back up to $50.0 million of its outstanding common stock. This total is inclusive of any amount still available under prior repurchase authorizations.

The number of shares actually repurchased will depend on factors such as the stock price, corporate and regulatory requirements, available funds, alternative uses of capital, restrictions under the company’s Revolving Credit Agreement, and broader market and economic conditions. The program may be suspended or discontinued at any time, giving the company flexibility to adjust repurchase activity as circumstances change.

Insights

Equity Capital Allocation Analyst

World Acceptance adds flexibility with a $50M stock buyback authorization.

World Acceptance Corporation has authorized repurchases of up to $50.0 million of common stock, inclusive of remaining capacity from earlier programs. This gives the company a formal framework to return capital through share repurchases when conditions are favorable.

The filing emphasizes that actual repurchase activity will depend on stock price, available funds, alternative capital uses, regulatory considerations, and limits under the Revolving Credit Agreement. The Board can suspend or discontinue the program, so the real impact will hinge on how aggressively management chooses to deploy it over time.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

February 11, 2026False000010838500001083852022-05-032022-05-03

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________________________

FORM 8-K

__________________________________

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) February 11, 2026

Commission File Number:  000-19599

WORLD ACCEPTANCE CORPORATION

(Exact name of registrant as specified in its charter.)

South Carolina						57-0425114
(State or other jurisdiction of incorporation or organization)						(I.R.S. Employer Identification Number)

104 S Main Street
Greenville,			South Carolina			29601
(Address of principal executive offices)
(Zip Code)

(864)			298-9800
(registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol			Name of each exchange on which registered
Common Stock, no par value			WRLD			The NASDAQ Stock Market LLC
						(NASDAQ Global Select Market)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐           Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐           Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐           Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐           Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company			☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.									☐

Item 8.01. Other Events

On February 11, 2026, the Board of Directors of World Acceptance Corporation (the “Company”) approved a share repurchase program authorizing the Company to repurchase up to $50.0 million of its outstanding common stock inclusive of any amount that remains available for repurchase under prior repurchase authorizations. The timing and actual number of shares repurchased will depend on a variety of factors, including the stock price, corporate and regulatory requirements, available funds, alternative uses of capital, restrictions under the Revolving Credit Agreement, and other market and economic conditions. The Company’s stock repurchase program may be suspended or discontinued at any time.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			WORLD ACCEPTANCE CORPORATION
						By: /s/ John L. Calmes, Jr.
						John L. Calmes, Jr.
						Executive Vice President and Chief Financial and Strategy Officer
						Date:			February 11, 2026

2

FAQ

What did World Acceptance Corporation (WRLD) announce in its latest 8-K?

World Acceptance Corporation announced that its Board approved a share repurchase program authorizing buybacks of up to $50.0 million of common stock. This amount includes any remaining capacity under prior repurchase authorizations, giving the company flexibility to return capital when conditions are attractive.

How large is World Acceptance Corporation’s new share repurchase authorization?

The company’s Board authorized repurchases of up to $50.0 million of outstanding common stock. This figure is inclusive of any amount still available under earlier repurchase programs, effectively setting an aggregate ceiling on potential future buybacks.

What factors will influence World Acceptance Corporation’s share repurchases?

The timing and number of shares repurchased will depend on the stock price, corporate and regulatory requirements, available funds, alternative uses of capital, restrictions under the Revolving Credit Agreement, and broader market and economic conditions, according to the company’s disclosure.

Can World Acceptance Corporation change or stop its share repurchase program?

Yes. The company stated that its stock repurchase program may be suspended or discontinued at any time. This allows management and the Board to adjust or halt repurchases if financial conditions, regulatory factors, or strategic priorities change.

Does the $50 million authorization include prior World Acceptance repurchase programs?

Yes. World Acceptance Corporation specified that the $50.0 million repurchase authorization is inclusive of any amount that remains available under prior repurchase authorizations. It effectively consolidates remaining capacity and new authorization into a single total limit.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.3 KB