Ciena (CIEN) Stock Buyback History
TTM buyback yield 0.86% · Shareholder yield (TTM) 0.86%.

Ciena
CIEN
TTM buyback yield
0.86%
Shareholder yield (TTM)
0.86%
5Y share count change
-6.9%
TTM buyback spend
$308.36M
SBC coverage (TTM)
1.10x
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: 1.10x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $334.51M | $184.53M | $149.98M | 0.15B | -0.5% | 1.24% |
| 2024 | $301.07M | $156.40M | $144.66M | 0.15B | -2.3% | 3.25% |
| 2023 | $280.71M | $130.46M | $150.25M | 0.15B | -1.8% | 4.51% |
| 2022 | $549.25M | $105.13M | $444.12M | 0.15B | -2.9% | 7.10% |
| 2021 | $135.36M | $84.34M | $51.02M | 0.16B | 0.5% | 1.50% |
| 2020 | $107.01M | $67.76M | $39.25M | 0.16B | -1.1% | 1.76% |
| 2019 | $179.13M | $59.74M | $119.40M | 0.16B | 9.7% | 3.12% |
| 2018 | $115.74M | $52.97M | $62.77M | 0.14B | -15.4% | 2.58% |
| 2017 | $0.00 | $48.36M | −$48.36M | 0.17B | 12.8% | — |
| 2016 | $0.00 | $51.99M | −$51.99M | 0.15B | 25.5% | — |
| 2015 | $0.00 | $55.34M | −$55.34M | 0.12B | 13.5% | — |
| 2014 | $0.00 | $42.93M | −$42.93M | 0.11B | 3.4% | — |
| 2013 | $0.00 | $37.72M | −$37.72M | 0.10B | 3.0% | — |
| 2012 | $0.00 | $32.39M | −$32.39M | 0.10B | 3.6% | — |
| 2011 | $0.00 | $37.93M | −$37.93M | 0.10B | 3.0% | — |
| 2010 | $0.00 | $35.56M | −$35.56M | 0.09B | 2.1% | — |
| 2009 | $0.00 | $34.44M | −$34.44M | 0.09B | -17.6% | — |
| 2008 | $0.00 | $31.43M | −$31.43M | 0.11B | 11.0% | — |
| 2007 | $42.50M | $14.04M | $28.46M | 0.10B | 17.2% | 1.03% |
| 2006 | $28.46M | $1.89M | $26.57M | 0.09B | 3.5% | 1.43% |
| 2005 | $0.00 | $0.00 | $0.00 | 0.08B | 10.3% | — |
| 2004 | $0.00 | $11.88M | −$11.88M | 0.07B | 16.7% | — |
| 2003 | $0.00 | $70.55M | −$70.55M | 0.06B | 22.3% | — |
| 2002 | $0.00 | $589.61M | −$589.61M | 0.05B | 17.1% | — |
| 2001 | $0.00 | $1.95B | −$1.95B | 0.04B | 4.1% | — |
| 2000 | $0.00 | $0.00 | $0.00 | 0.04B | 12.2% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.04B | 4.4% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.04B | 23.5% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 0.03B | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)42% of headroom
Headroom $742.21M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Ciena buy back its own stock?
- Yes, Ciena (CIEN) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Ciena spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $308.36M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Ciena's buyback yield?
- TTM buyback yield is about 0.86% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Ciena's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.86% combined (TTM-based where available).
Is Ciena 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 Ciena's share count changed?
- Diluted weighted average shares changed by about -6.9% over roughly five fiscal years (annual income statement data).