# FIVE BELOW, INC (FIVE) — capital_return/buyback_authorization [announced]
Source: sec.gov · situation sit_7e1c9f00623112f7d5a8 · public 1035928347736776985 · retrieved 2026-09-03T13:08:13.389Z

## Overview
Five Below, Inc. is a leading growth retailer offering trend-right, extreme value, high-quality products for the kid and the kid in all of us, with most items priced between $1 and $5, operating over 2,000 stores across 47 states.

Five Below's Board of Directors approved a new share repurchase program on August 29, 2026, authorizing the repurchase of up to $600 million of the Company's common stock. The program replaces and supersedes the remaining capacity under the prior repurchase program authorized on November 27, 2023. The repurchase program does not obligate the Company to acquire any particular amount of stock; the number, price, structure, and timing of repurchases will be at the Company's sole discretion and evaluated based on market conditions, liquidity needs, and other factors. Repurchases may be made in the open market or through privately negotiated transactions in accordance with applicable securities laws. The program has no fixed expiration date and will remain in effect until all authorized common stock has been repurchased or the program is otherwise replaced, suspended, or terminated.

## Terms
- Deal value: $600.0M · Consideration: cash

## Key dates
- Announced 2026-09-02

## Timeline
- 2026-09-02 · 8-K (0001177609-26-000023): 8-K - FIVE BELOW, INC — *Five Below, Inc. is a leading growth retailer offering trend-right, extreme value, high-quality products for the kid and the kid in all of us, with most items priced between $1 and $5, operating over 2,000 stores across 47 states.* Five Below's Board of Directors approved a new share repurchase program on August 29, 2026, authorizing the repurchase of up to $600 million of the Company's common stock. The program replaces and supersedes the remaining capacity under the prior repurchase program authorized on November 27, 2023. The repurchase program does not obligate the Company to acquire any particular amount of stock; the number, price, structure, and timing of repurchases will be at the Company's sole discretion and evaluated based on market conditions, liquidity needs, and other factors. Repurchases may be made in the open market or through privately negotiated transactions in accordance with applicable securities laws. The program has no fixed expiration date and will remain in effect until all authorized common stock has been repurchased or the program is otherwise replaced, suspended, or terminated.
  https://www.sec.gov/Archives/edgar/data/1177609/0001177609-26-000023.txt

## Citations
- 0001177609-26-000023 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000117760926000023