Business Context and Reporting Period
Company: Hamilton Lane Incorporated
Filing Type: Form 8-K (Current Report)
Date of Report: February 20, 2026
Event: Commencement of share repurchases under an existing Stock Repurchase Program.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The filing text does not provide a clear value for these metrics.
Material Changes
The material change reported is the initiation of share buybacks. On February 20, 2026, the Company commenced repurchases of its Class A common stock under a program originally authorized on November 6, 2018, and re-approved in December 2024. Prior to this date, no shares had been repurchased under this specific program, leaving the full purchase authority available.
Guidance, Outlook, and Management Commentary
- Program Details: The program authorizes the repurchase of up to 6% of outstanding Class A common stock as of the authorization date, not to exceed $50 million in aggregate.
- Execution Method: Repurchases may be executed via open market or privately negotiated transactions based on market conditions.
- Outlook: The total number of shares to be repurchased will be determined based on market conditions and other factors; no specific volume or timeline guidance is provided beyond the program limits.
Investor Verification Checklist
- Verify the exact number of shares repurchased on February 20, 2026, and the average price paid (not disclosed in this filing).
- Confirm the total dollar amount remaining available under the $50 million authorization limit.
- Review the Company's most recent 10-K or 10-Q for current liquidity and cash position to assess the impact of future repurchases.
- Monitor subsequent filings for updates on the volume and timing of future repurchase activity.