Centene (CNC) Stock Buyback History
TTM buyback yield 2.35% · Shareholder yield (TTM) 2.35%.

Centene
CNC
TTM buyback yield
2.35%
Shareholder yield (TTM)
2.35%
5Y share count change
-15.2%
TTM buyback spend
$475.00M
SBC coverage (TTM)
3.25x
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: 3.25x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $475.00M | $204.00M | $271.00M | 0.49B | -6.2% | 2.35% |
| 2024 | $3.12B | $212.00M | $2.91B | 0.52B | -4.0% | 10.30% |
| 2023 | $1.63B | $216.00M | $1.42B | 0.55B | -6.2% | 4.12% |
| 2022 | $3.10B | $234.00M | $2.86B | 0.58B | -1.4% | 6.74% |
| 2021 | $297.00M | $203.00M | $94.00M | 0.59B | 2.0% | 0.62% |
| 2020 | $626.00M | $281.00M | $345.00M | 0.58B | 37.8% | 1.86% |
| 2019 | $75.00M | $177.00M | −$102.00M | 0.42B | 5.5% | 0.29% |
| 2018 | $71.00M | $145.00M | −$74.00M | 0.40B | 12.9% | 0.30% |
| 2017 | $65.00M | $135.00M | −$70.00M | 0.35B | 7.7% | 0.37% |
| 2016 | $63.00M | $148.00M | −$85.00M | 0.33B | 33.2% | 0.65% |
| 2015 | $53.00M | $71.00M | −$18.00M | 0.25B | 2.2% | 0.67% |
| 2014 | $29.00M | $48.00M | −$19.00M | 0.24B | 7.0% | 0.47% |
| 2013 | $19.78M | $36.66M | −$16.88M | 0.22B | 4.7% | 0.61% |
| 2012 | $12.74M | $25.33M | −$12.59M | 0.21B | 2.4% | 0.60% |
| 2011 | $7.81M | $18.17M | −$10.36M | 0.21B | 4.0% | 0.39% |
| 2010 | $3.22M | $13.87M | −$10.65M | 0.20B | 13.8% | 0.26% |
| 2009 | $6.30M | $14.63M | −$8.33M | 0.18B | -0.2% | 0.69% |
| 2008 | $23.51M | $15.33M | $8.18M | 0.18B | -0.9% | 2.76% |
| 2007 | $9.54M | $15.78M | −$6.24M | 0.18B | 3.9% | 0.80% |
| 2006 | $7.83M | $14.90M | −$7.07M | 0.17B | -4.1% | 0.74% |
| 2005 | $0.00 | $4.97M | −$4.97M | 0.18B | 3.2% | — |
| 2004 | $0.00 | $650.00K | −$650.00K | 0.17B | 13.5% | — |
| 2003 | $0.00 | $188.00K | −$188.00K | 0.15B | 10.0% | — |
| 2002 | $0.00 | $0.00 | $0.00 | 0.14B | 45.2% | — |
| 2001 | $102.00K | $0.00 | $102.00K | 0.10B | 17.6% | — |
| 2000 | $0.00 | $0.00 | $0.00 | 0.08B | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)11% of headroom
Headroom $4.32B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Centene buy back its own stock?
- Yes, Centene (CNC) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Centene spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $475.00M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Centene's buyback yield?
- TTM buyback yield is about 2.35% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Centene's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 2.35% combined (TTM-based where available).
Is Centene 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 Centene's share count changed?
- Diluted weighted average shares changed by about -15.2% over roughly five fiscal years (annual income statement data).