Cisco (CSCO) Stock Buyback History
TTM buyback yield 2.49% · Shareholder yield (TTM) 2.49%.

Cisco
CSCO
TTM buyback yield
2.49%
Shareholder yield (TTM)
2.49%
5Y share count change
-6.0%
TTM buyback spend
$7.33B
SBC coverage (TTM)
1.89x
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: 1.89x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $7.22B | $3.64B | $3.58B | 4.00B | -1.6% | 2.66% |
| 2024 | $6.78B | $3.07B | $3.71B | 4.06B | -1.0% | 3.52% |
| 2023 | $4.89B | $2.35B | $2.54B | 4.11B | -2.1% | 2.53% |
| 2022 | $8.38B | $1.89B | $6.50B | 4.19B | -1.0% | 4.12% |
| 2021 | $3.51B | $1.76B | $1.75B | 4.24B | -0.4% | 1.50% |
| 2020 | $3.39B | $1.57B | $1.82B | 4.25B | -4.5% | 1.88% |
| 2019 | $21.58B | $1.57B | $20.01B | 4.45B | -8.8% | 9.12% |
| 2018 | $18.25B | $1.58B | $16.67B | 4.88B | -3.3% | 9.24% |
| 2017 | $4.30B | $1.53B | $2.78B | 5.05B | -0.8% | 2.74% |
| 2016 | $4.47B | $1.46B | $3.01B | 5.09B | -1.1% | 2.89% |
| 2015 | $4.83B | $1.44B | $3.39B | 5.15B | -2.6% | 3.34% |
| 2014 | $9.84B | $1.35B | $8.49B | 5.28B | -1.8% | 7.62% |
| 2013 | $3.10B | $1.12B | $1.98B | 5.38B | -0.4% | 2.26% |
| 2012 | $4.76B | $1.40B | $3.36B | 5.40B | -2.9% | 5.60% |
| 2011 | $6.90B | $1.62B | $5.28B | 5.56B | -4.9% | 7.95% |
| 2010 | $7.86B | $1.52B | $6.35B | 5.85B | -0.2% | 5.99% |
| 2009 | $3.61B | $1.14B | $2.47B | 5.86B | -5.0% | 2.84% |
| 2008 | $10.44B | $1.02B | $9.42B | 6.16B | -1.6% | 8.04% |
| 2007 | $7.68B | $931.00M | $6.75B | 6.26B | -0.1% | 4.38% |
| 2006 | $8.29B | $1.05B | $7.25B | 6.27B | -5.1% | 7.63% |
| 2005 | $10.23B | $165.00M | $10.07B | 6.61B | -6.3% | 8.35% |
| 2004 | $9.08B | $0.00 | $9.08B | 7.06B | -2.3% | 6.44% |
| 2003 | $5.98B | $0.00 | $5.98B | 7.22B | -3.0% | 4.39% |
| 2002 | $1.85B | $0.00 | $1.85B | 7.45B | 3.5% | 1.93% |
| 2001 | $0.00 | $0.00 | $0.00 | 7.20B | -3.3% | — |
| 2000 | $0.00 | $0.00 | $0.00 | 7.44B | 5.3% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 7.06B | 6.1% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 6.66B | 6.4% | — |
| 1997 | $323.00M | $0.00 | $323.00M | 6.26B | 5.0% | — |
| 1996 | $115.62M | $0.00 | $115.62M | 5.96B | — | — |
| 1995 | $69.88M | $0.00 | $69.88M | — | — | — |
| 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 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)100% of headroom
Headroom $6.36B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Cisco buy back its own stock?
- Yes, Cisco (CSCO) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Cisco spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $7.33B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Cisco's buyback yield?
- TTM buyback yield is about 2.49% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Cisco's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 2.49% combined (TTM-based where available).
Is Cisco 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 Cisco's share count changed?
- Diluted weighted average shares changed by about -6.0% over roughly five fiscal years (annual income statement data).