Buyback Radar

Cigna

CI

Cigna has retired 30.5% of its shares since 2018, from 380,058,967 to 264,240,486.

30.5%retired since 2018
22.3%last 5 years
1.0%last 12 months
264Mshares today
Shares outstanding, 2018 to todaysplit adjusted, from SEC filings
a quarter gone 2023380M shares, 2018264M20182020202220242026
2018, 380,058,9672026-07-24, 264,240,486
A share bought in 2018
1.4× more of Cigna today, without buying another share. It was one of 380,058,967 shares then. It is one of 264,240,486 now.
Every filing we read8 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20182019-01-31380,058,96710-K
20192019-12-31372,043,09410-K
20202021-01-31351,845,60610-K
20212022-01-31320,953,24510-K
20222023-01-31297,059,97310-K
20232024-01-31292,355,02210-K
20242025-01-31273,678,46410-K
20252026-01-30263,528,27710-K

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

What the buybacks cost, since fiscal 2019cash flow statement against share count
$34.3Bspent on buybacks
116Mfewer shares outstanding
$296spent per share that actually disappeared
$2Bpaid 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

Loads a chart from TradingView, which may set its own cookies.

Insider buying, last 12 months

Cordani DavidDirector; Chairman & CEO2025-11-03, 4,134 sh, $999,916

The story

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

Read Cannibal Stocks