StocksMedium•6 October 2026•
1 min read
Driven Brands Launches $100 Million Share Repurchase Program
Key Facts
1Driven Brands announced a $100 million share repurchase plan as part of its capital allocation strategy.
2The company's Q2 2026 revenue reached $507.4 million with adjusted EBITDA of $107 million.
Driven Brands announced a share repurchase plan of up to $100 million as part of its capital allocation strategy. The company stated that the program will be funded by available cash and ongoing cash flows, noting that the authorization has no set expiration date and does not obligate the firm to purchase a specific number of shares.
The company reported Q2 2026 revenue of $507.4 million and adjusted EBITDA of $107 million. DRVN closed at $11.65 on October 5, 2026, having traded within a daily range of $11.42 to $11.75.