Green Thumb Industries authorizes buyback. Green Thumb Industries stock gains 1.02 percent

Published on 10/06/2026 at 11:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Green Thumb plans a USD 50 million buyback on September 21, 2026. Green Thumb Industries stock costs EUR 5.92 after EUR 5.86, plus 1.02 percent.

GTII, CA39342L1085, Illustration mit AI erstellt.

Green Thumb Industries (CA39342L1085) authorized a share repurchase program of up to USD 50 million on September 21, 2026, while Green Thumb Industries stock was trading at EUR 5.92 at Lang & Schwarz on October 6, 2026. According to MarketScreener on September 21, 2026, the company will cancel repurchased shares, with the authorization running through September 22, 2027.

Buyback extends capital return

The program adds a defined capital-allocation action to Green Thumb's cannabis retail and consumer packaged goods model. The company operates RISE Dispensaries and sells branded products across 14 U.S. markets, according to its investor relations page.

The September authorization also follows earlier repurchases. Yahoo Finance reported on September 29, 2026, that Green Thumb had repurchased 7,393,787 shares for USD 44.36 million during the second quarter of 2026, bringing repurchases under the earlier program to 14,930,662 shares for USD 87.74 million.

Second-quarter revenue rose

Green Thumb reported USD 306.70 million of revenue in the second quarter of 2026, up 4.60 percent from the second quarter of 2025. Net income reached USD 4.88 million, compared with a USD 0.003 million loss in the year-earlier quarter, while earnings per share increased to USD 0.02 from a USD 0.003 loss, according to Simply Wall St.

The comparison shows moderate sales growth alongside a sharper improvement in reported profitability. The next test is scheduled for November 4, 2026, when Green Thumb plans to publish third-quarter 2026 results after the market close, according to the company's investor relations calendar.

Stock trades above prior close

At Lang & Schwarz, Green Thumb Industries stock was trading at EUR 5.92 on October 6, 2026 at 11:10 a.m. CEST, up 1.02 percent versus the prior close of EUR 5.86 on October 5, 2026. The reference listing is GTII on the Canadian Securities Exchange.