CDW (CDW) Stock Buyback History
TTM buyback yield 3.69% · Shareholder yield (TTM) 3.69%.

CDW
CDW
TTM buyback yield
3.69%
Shareholder yield (TTM)
3.69%
5Y share count change
-8.8%
TTM buyback spend
$653.00M
SBC coverage (TTM)
9.18x
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: 9.18x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $653.00M | $0.00 | $653.00M | 0.13B | -2.3% | 3.69% |
| 2024 | $500.00M | $64.70M | $435.30M | 0.14B | -0.8% | 2.16% |
| 2023 | $500.00M | $93.70M | $406.30M | 0.14B | -0.5% | 1.64% |
| 2022 | $0.00 | $91.10M | −$91.10M | 0.14B | -2.5% | — |
| 2021 | $1.50B | $72.60M | $1.43B | 0.14B | -3.0% | 5.41% |
| 2020 | $340.60M | $42.50M | $298.10M | 0.14B | -2.0% | 1.81% |
| 2019 | $657.20M | $48.50M | $608.70M | 0.15B | -3.8% | 3.21% |
| 2018 | $522.30M | $40.70M | $481.60M | 0.15B | -2.9% | 4.32% |
| 2017 | $534.00M | $43.70M | $490.30M | 0.16B | -4.7% | 5.04% |
| 2016 | $367.40M | $39.20M | $328.20M | 0.17B | -3.4% | 4.41% |
| 2015 | $241.30M | $31.20M | $210.10M | 0.17B | -0.6% | 3.41% |
| 2014 | $0.00 | $16.40M | −$16.40M | 0.17B | 8.9% | — |
| 2013 | $200.00K | $46.60M | −$46.40M | 0.16B | 8.8% | 0.01% |
| 2012 | $700.00K | $22.10M | −$21.40M | 0.15B | 0.6% | 0.02% |
| 2011 | $400.00K | $19.50M | −$19.10M | 0.14B | 0.3% | 0.01% |
| 2010 | $0.00 | $11.50M | −$11.50M | 0.14B | -1.2% | — |
| 2009 | $0.00 | $15.90M | −$15.90M | 0.15B | 0.0% | — |
| 2008 | $0.00 | $17.80M | −$17.80M | 0.15B | 81.2% | — |
| 2006 | $227.67M | $0.00 | $227.67M | 0.08B | -3.5% | 15.91% |
| 2005 | $258.30M | $0.00 | $258.30M | 0.08B | -3.4% | 17.56% |
| 2004 | $86.01M | $0.00 | $86.01M | 0.09B | 0.4% | 5.64% |
| 2003 | $76.32M | $0.00 | $76.32M | 0.09B | -2.4% | 5.02% |
| 2002 | $128.29M | $0.00 | $128.29M | 0.09B | -0.9% | 8.33% |
| 2001 | $98.22M | $0.00 | $98.22M | 0.09B | -1.9% | 6.26% |
| 2000 | $0.00 | $0.00 | $0.00 | 0.09B | 2.9% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.09B | 3.3% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.09B | -1.1% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 0.09B | 2.1% | — |
| 1996 | $0.00 | $0.00 | $0.00 | 0.08B | 1.1% | — |
| 1995 | $0.00 | $0.00 | $0.00 | 0.08B | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)86% of headroom
Headroom $759.50M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does CDW buy back its own stock?
- Yes, CDW (CDW) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does CDW spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $653.00M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is CDW's buyback yield?
- TTM buyback yield is about 3.69% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is CDW's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 3.69% combined (TTM-based where available).
Is CDW 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 CDW's share count changed?
- Diluted weighted average shares changed by about -8.8% over roughly five fiscal years (annual income statement data).