8-K filings, October 22-23, 2026: share buybacks and tariff effects lead company results

Several companies said they are returning cash to shareholders

• Columbia Banking System, in its third-quarter 2026 filing, said its board authorized a new $1.2 billion share repurchase program. The company cited confidence in its strategy and its excess capital generation outlook. It said it returned over $1 billion to shareholders through dividends and share repurchases over the past year. It also said it completed its existing buyback authorization.
• Carpenter Technology, reporting for the first quarter of fiscal year 2027, said it is returning cash to shareholders through dividends and a $1.0 billion share repurchase program.
• SS&C Technologies said it returned $225.3 million to shareholders in the third quarter of 2026 through share repurchases and dividends. It said it raised its annual common stock dividend to $1.20, an 11.1 percent increase. It also said it paid down $130.0 million of debt.

Tariffs affected results in opposite directions

• Deckers Outdoor, reporting for the second quarter of fiscal year 2027, said it recognized $46.0 million in tariff net refunds under the International Emergency Economic Powers Act (IEEPA). It said the refunds benefited gross and operating margins by approximately 310 basis points. A basis point is one hundredth of a percentage point. It said the refunds added approximately $0.28 to diluted earnings per share after tax.
• Autoliv said tariffs negatively affected its third-quarter 2026 profitability. It said customer compensation covered more than 80% of tariff costs. This left a net negative impact of around $6 million. Autoliv also said raw material price changes reduced profitability by around $42 million on a gross basis. It expects to mitigate a majority of that headwind.

Other companies reported mixed cost and demand conditions

• Ryder System said its free cash flow increased to $992 million from $496 million in 2025.
• NVR said higher lot costs, pricing pressure and approximately $24.8 million in contract land deposit impairments reduced its gross profit margin.
• Packaging Corporation of America said its third-quarter 2026 earnings increased by $.31 per share year over year. It expects significantly higher maintenance outage expenses in the fourth quarter.
• Kinsale Capital attributed lower gross written premiums to heightened property-market competition.