Constellation Brands affirmed its capital allocation plans following its Q3 Fiscal 2026 report, emphasizing continued investment in growth and robust shareholder returns.
- The company maintained its fiscal year 2026 capital expenditure outlook of approximately $1.2 billion, primarily dedicated to expanding its Beer business.
- Management reinforced shareholder returns, highlighting $220 million in share repurchases during Q3, bringing the year-to-date total to $824 million.
- The company confirmed the declared dividend of $1.02 per Class A share, with an ex-dividend date set for January 29, 2026.