Disney has begun another round of stock buybacks worth billions even as it lays off staff and requires more employees to return to the office. The Burbank-based entertainment giant is now targeting at least $9 billion (£6.73 billion) in share repurchases for fiscal 2026, up from its earlier target of $7 billion (£5.23 billion). The company had repurchased $7.2 billion (£5.38 billion) of its shares through 27 June.
For a company that once prided itself on retaining Walt Disney World staff for an average of a decade, the mood inside Disney has shifted noticeably.
