New York, Jan 29, 2026, 19:54 EST — After-hours
Accenture shares dropped 3.4% to $261.22 during Thursday’s session, hitting an intraday low close to $257 on heavy volume. They were mostly steady in after-hours trading.
The decline followed the consulting and IT services firm’s announcement that shareholders approved an amended share incentive plan, allowing for the issuance of an additional 7 million shares and extending the plan’s duration to Dec. 12, 2035, according to a regulatory filing. The filing also revealed shareholder support for proposals on executive compensation and share issuance powers under Irish law. (SEC)
Why it matters now: Accenture’s shares have seen sharp swings, and any move to increase the number of shares available for equity awards usually catches the attention of investors wary of dilution. Stock incentive plans are a routine way to compensate employees and directors, but they can push up the share count over time if buybacks lag behind.
On Thursday, separate insider filings revealed directors disclosing equity awards linked to the incentive plan. Paula A. Price reported receiving 1,454 Class A ordinary shares in restricted share units — stock awards that usually vest gradually — at a stated price of $0 per share. (SEC)
Accenture fell behind gains in the wider tech-and-services group following IBM’s quarterly report and confident demand outlook. “Our generative AI book of business now stands at more than $12.5 billion,” IBM CEO Arvind Krishna noted, with the company projecting over 5% constant-currency revenue growth by 2026. (IBM Newsroom)
Accenture has been highlighting bookings as a crucial demand indicator. CEO Julie Sweet expressed satisfaction with $21 billion in new bookings, according to the latest quarterly report, which also noted $2.2 billion from “advanced AI” bookings. The company announced a quarterly dividend of $1.63 per share, payable on Feb. 13, and disclosed $2.3 billion in share repurchases or redemptions for the quarter ending Nov. 30. (Accenture Newsroom)
Traders on Friday will be eyeing whether Thursday’s spike in volume signals a true shift in positioning or just another dip in a stock that’s still searching for a bottom. The company’s annual meeting documents are mostly routine, but they come at a time when investors are jittery about anything that might increase the share count.
The bigger question mark is client spending. When corporate budgets shrink, consulting projects often shift from “nice to have” to “hold off,” and the market usually reacts fast — even as AI-related deal chatter stays strong.
Accenture is set to report its second-quarter fiscal 2026 earnings on March 19 at 8:00 a.m. EST, per the company’s investor FAQ. (Accenture)
