Buyback yield (TTM)
3.02%
Shareholder yield (TTM)
5.32%
5Y share count change
-27.8%
Buyback spend (TTM)
$2.11B
Cumulative buybacks
$56.08B
Key takeaways
- Cigna (CI) repurchased about $2.11B of stock over the trailing twelve months.
- Diluted share count is down 27.8% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- Cash buyback spend has compounded at -2.2% per year over the latest 5-year window.
- TTM repurchases used about 35% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Cigna (CI)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Cigna (CI)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Cigna (CI)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Cigna (CI)
Latest: $3.62B
Overview
2025's annual buyback spend for Cigna (CI) came in at $3.62B – plunged 48.5% year-over-year.
Through 2020–2025 (5 years), Cigna buyback spend delivered a -2.2% annualised rate; with a net decline across the window.
Cigna buyback spend peaked at $7.74B in 2021; the latest annual figure is $3.62B in 2025 (53.2% below peak).
Across the available history, buyback spend reached its high of $7.74B in 2021 and its low of $0.00 in 1991.
Cigna Buyback Spend 2025: $3.62B
2025's buyback spend for Cigna came in at $3.62B, plunged 48.5% below 2024.
Cigna Buyback Spend 2024: $7.03B
Cigna posted buyback spend of $7.03B in 2024, surged 208.0% from 2023.
Cigna Buyback Spend 2023: $2.28B
In 2023, Cigna reported buyback spend of $2.28B, plunged 70.0% below 2022.
Cigna Buyback Spend 2022: $7.61B
Cigna buyback spend in 2022 was $7.61B, edged down 1.7% below 2021.
Cigna Buyback Spend 2021: $7.74B
Cigna buyback spend in 2021 was $7.74B.
See more financial history for Cigna (CI).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $3.62B | $0.00 | $3.62B | 4.95% | 0.27B | -6.1% | |
| 2024 | $7.03B | $0.00 | $7.03B | 9.17% | 0.28B | -4.6% | |
| 2023 | $2.28B | $0.00 | $2.28B | 2.59% | 0.30B | -5.2% | |
| 2022 | $7.61B | $0.00 | $7.61B | 7.52% | 0.31B | -8.2% | |
| 2021 | $7.74B | $0.00 | $7.74B | 10.23% | 0.34B | -7.4% | |
| 2020 | $4.04B | $0.00 | $4.04B | 5.38% | 0.37B | -3.0% | |
| 2019 | $1.99B | $0.00 | $1.99B | 2.62% | 0.38B | +54.0% | |
| 2018 | $342.00M | $0.00 | $342.00M | 0.58% | 0.25B | +1.1% | |
| 2017 | $2.73B | $0.00 | $2.73B | 5.44% | 0.24B | -6.0% | |
| 2016 | $139.00M | $0.00 | $139.00M | 0.41% | 0.26B | -0.4% | |
| 2015 | $671.00M | $0.00 | $671.00M | 1.79% | 0.26B | -3.0% | |
| 2014 | $1.61B | $0.00 | $1.61B | 6.02% | 0.27B | -5.6% | |
| 2013 | $1.00B | $0.00 | $1.00B | 4.17% | 0.28B | -1.7% | |
| 2012 | $208.00M | $0.00 | $208.00M | 1.37% | 0.29B | +5.6% | |
| 2011 | $225.00M | $0.00 | $225.00M | 1.93% | 0.27B | -0.4% | |
| 2010 | $201.00M | $0.00 | $201.00M | 2.03% | 0.28B | -0.0% | |
| 2009 | $0.00 | $0.00 | $0.00 | — | 0.28B | -1.3% | |
| 2008 | $378.00M | $0.00 | $378.00M | 8.23% | 0.28B | -1.5% | |
| 2007 | $1.19B | $0.00 | $1.19B | 7.86% | 0.28B | -15.9% | |
| 2006 | $2.77B | $0.00 | $2.77B | 19.74% | 0.34B | -13.5% | |
| 2005 | $1.62B | $0.00 | $1.62B | 11.71% | 0.39B | -5.9% | |
| 2004 | $676.00M | $0.00 | $676.00M | 6.21% | 0.41B | -1.8% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.42B | -0.4% | |
| 2002 | $355.00M | $0.00 | $355.00M | 6.17% | 0.42B | -6.4% | |
| 2001 | $1.14B | $0.00 | $1.14B | 8.33% | 0.45B | -6.9% | |
| 2000 | $1.70B | $0.00 | $1.70B | — | 0.49B | -18.0% | |
| 1999 | $3.03B | $0.00 | $3.03B | — | 0.59B | -7.6% | |
| 1998 | $833.00M | $0.00 | $833.00M | — | 0.64B | -4.1% | |
| 1997 | $335.00M | $0.00 | $335.00M | — | 0.67B | -2.7% | |
| 1996 | $292.00M | $0.00 | $292.00M | — | 0.69B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $302.00M | $0.00 | $302.00M | — | — | — | |
| 1989 | $36.00M | $0.00 | $36.00M | — | — | — |
- 2025$3.62B
- 2024$7.03B
- 2023$2.28B
- 2022$7.61B
- 2021$7.74B
- 2020$4.04B
- 2019$1.99B
- 2018$342.00M
- 2017$2.73B
- 2016$139.00M
- 2015$671.00M
- 2014$1.61B
- 2013$1.00B
- 2012$208.00M
- 2011$225.00M
- 2010$201.00M
- 2009$0.00
- 2008$378.00M
- 2007$1.19B
- 2006$2.77B
- 2005$1.62B
- 2004$676.00M
- 2003$0.00
- 2002$355.00M
- 2001$1.14B
- 2000$1.70B
- 1999$3.03B
- 1998$833.00M
- 1997$335.00M
- 1996$292.00M
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$302.00M
- 1989$36.00M
Buybacks vs stock-based compensation for Cigna (CI)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Buybacks vs dividends (share of cash returned) for Cigna (CI)
How Cigna splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Cigna, ranked by their latest buyback spend.
| $5.95B | |
| $5.54B | |
| $5.08B | |
| $4.11B | |
| $980.00M | |
| $216.35M | |
| $0.00 | |
| $0.00 |
- $5.95B
- $5.54B
- $5.08B
- $4.11B
- $980.00M
- $216.35M
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $6.04B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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