Buyback Radar

AutoZone

AZO

AutoZone has retired 88.2% of its shares since 1999, from 138,935,636 to 16,325,355.

88.2%retired since 1999
24.2%last 5 years
2.4%last 12 months
16Mshares today
Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
a quarter gone 2001half gone 2006three quarters gone 2012139M shares, 199916M200020052010201520202025
1999, 138,935,6362026-06-05, 16,325,355

Early years use the fiscal-year average share count from the 10-K.

A share bought in 1999
8.5× more of AutoZone today, without buying another share. It was one of 138,935,636 shares then. It is one of 16,325,355 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19991999-10-12138,935,63610-K405/Acover page
20002000-10-17116,000,31310-K/Acover page
20012001-10-15107,807,33910-K/Acover page
20022002-10-1598,549,01310-Kcover page
20032003-10-1488,760,88510-Kcover page
20042004-10-2179,786,34610-Kcover page
20052005-10-1776,614,64910-Kcover page
20062006-10-1771,303,69110-Kcover page
20072007-10-1564,914,83310-Kcover page
20082008-08-3063,295,00010-Kfiscal-year average
20092009-08-2950,801,00010-K
20102010-10-1844,625,78710-K
20112011-10-1739,888,09910-K
20122012-10-1536,931,94610-K
20132013-10-2134,031,76010-K
20142014-10-2032,040,70310-K
20152015-10-1930,485,24310-K
20162016-10-1728,861,39410-K
20172017-10-2327,492,52010-K
20182018-10-2225,559,35310-K
20192019-10-2123,827,49610-K
20202020-10-1923,175,55410-K
20212021-10-1820,967,96210-K
20222022-10-1718,981,42610-K
20232023-10-1617,683,41810-K
20242024-10-2116,904,28910-K
20252025-10-2016,632,66310-K

Source: all 10-K filings of AutoZone on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, since fiscal 2008cash flow statement against share count
$33.1Bspent on buybacks
49Mfewer shares outstanding
$681spent per share that actually disappeared
$895Mpaid in stock compensation over the same years

Part of every buyback only replaces shares handed to employees. That part costs money and retires nothing, so the cost per share that disappeared is higher than the average price the company paid.

The stock, long termprice chart by TradingView

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Insider buying, last 12 months

Hannasch BrianDirector2026-05-29, 165 sh, $492,855
GEORGE MICHAEL ADirector2025-12-22, 145 sh, $492,729
Hannasch BrianDirector2025-12-18, 147 sh, $498,784
JACKSON JAMERECFO2025-12-10, 55 sh, $187,742

The story

The numbers say what happened. The story says whether it can continue. We cover companies like AutoZone in depth on Cannibal Stocks.

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