Adobe (ADBE) Stock Buyback History
TTM buyback yield 9.77% · Shareholder yield (TTM) 9.77%.

Adobe
ADBE
TTM buyback yield
9.77%
Shareholder yield (TTM)
9.77%
5Y share count change
-12.0%
TTM buyback spend
$10.51B
SBC coverage (TTM)
5.32x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 5.32x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $11.28B | $1.94B | $9.34B | 0.43B | -5.1% | 8.45% |
| 2024 | $9.50B | $1.88B | $7.62B | 0.45B | -2.0% | 4.16% |
| 2023 | $4.40B | $1.72B | $2.68B | 0.46B | -2.5% | 1.58% |
| 2022 | $6.55B | $1.44B | $5.11B | 0.47B | -2.1% | 4.12% |
| 2021 | $3.95B | $1.07B | $2.88B | 0.48B | -0.8% | 1.35% |
| 2020 | $3.05B | $909.00M | $2.14B | 0.48B | -1.3% | 1.33% |
| 2019 | $2.75B | $787.71M | $1.96B | 0.49B | -1.3% | 1.84% |
| 2018 | $2.05B | $603.47M | $1.45B | 0.50B | -0.7% | 1.67% |
| 2017 | $1.10B | $451.45M | $648.55M | 0.50B | -0.6% | 1.25% |
| 2016 | $1.07B | $349.91M | $725.09M | 0.50B | -0.6% | 2.17% |
| 2015 | $625.00M | $335.84M | $289.16M | 0.51B | -0.3% | 1.36% |
| 2014 | $600.00M | $333.69M | $266.31M | 0.51B | -1.0% | 1.63% |
| 2013 | $1.10B | $313.66M | $786.34M | 0.51B | 2.1% | 3.88% |
| 2012 | $405.00M | $298.50M | $106.50M | 0.50B | -0.2% | 2.36% |
| 2011 | $695.01M | $286.10M | $408.91M | 0.50B | -4.2% | 5.22% |
| 2010 | $850.02M | $231.09M | $618.93M | 0.53B | -0.9% | 5.79% |
| 2009 | $350.01M | $167.58M | $182.43M | 0.53B | -3.3% | 1.89% |
| 2008 | $1.72B | $172.47M | $1.55B | 0.55B | -8.4% | 14.19% |
| 2007 | $1.95B | $149.99M | $1.80B | 0.60B | -2.2% | 8.25% |
| 2006 | $1.36B | $170.53M | $1.19B | 0.61B | 20.5% | 5.90% |
| 2005 | $600.10M | $0.00 | $600.10M | 0.51B | 2.5% | 2.87% |
| 2004 | $608.68M | $340.00K | $608.34M | 0.50B | 2.6% | 3.98% |
| 2003 | $84.78M | $2.83M | $81.95M | 0.48B | -0.7% | 0.86% |
| 2002 | $293.24M | $6.79M | $286.45M | 0.49B | -2.4% | 4.30% |
| 2001 | $485.12M | $16.50M | $468.62M | 0.50B | -2.6% | 6.39% |
| 2000 | $255.46M | $16.50M | $238.96M | 0.51B | -1.0% | — |
| 1999 | $479.16M | $5.27M | $473.89M | 0.52B | -5.0% | — |
| 1998 | $379.20M | $0.00 | $379.20M | 0.54B | -8.3% | — |
| 1997 | $275.64M | $0.00 | $275.64M | 0.59B | -2.5% | — |
| 1996 | $126.78M | $0.00 | $126.78M | 0.61B | — | — |
| 1995 | $17.85M | $0.00 | $17.85M | — | — | — |
| 1994 | $10.28M | $0.00 | $10.28M | — | — | — |
| 1993 | $25.53M | $0.00 | $25.53M | — | — | — |
| 1992 | $12.70M | $0.00 | $12.70M | — | — | — |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1990 | $1.10M | $0.00 | $1.10M | — | — | — |
| 1989 | $20.30M | $0.00 | $20.30M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)100% of headroom
Headroom $10.32B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Adobe buy back its own stock?
- Yes, Adobe (ADBE) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Adobe spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $10.51B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Adobe's buyback yield?
- TTM buyback yield is about 9.77% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Adobe's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 9.77% combined (TTM-based where available).
Is Adobe diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Adobe's share count changed?
- Diluted weighted average shares changed by about -12.0% over roughly five fiscal years (annual income statement data).