Chevron (CVX) Stock Buyback History
TTM buyback yield 3.91% · Shareholder yield (TTM) 3.91%.

Chevron
CVX
TTM buyback yield
3.91%
Shareholder yield (TTM)
3.91%
5Y share count change
6.8%
TTM buyback spend
$11.86B
SBC coverage (TTM)
59275.00x
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: 59275.00x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $11.86B | $0.00 | $11.86B | 2.00B | 9.9% | 3.91% |
| 2024 | $15.40B | $0.00 | $15.40B | 1.82B | -3.4% | 6.01% |
| 2023 | $14.94B | $0.00 | $14.94B | 1.88B | -3.1% | 5.38% |
| 2022 | $11.26B | $1.07B | $10.18B | 1.94B | 1.0% | 3.28% |
| 2021 | $1.38B | $0.00 | $1.38B | 1.92B | 2.7% | 0.62% |
| 2020 | $1.76B | $190.00M | $1.57B | 1.87B | -1.3% | 1.09% |
| 2019 | $4.04B | $394.00M | $3.65B | 1.90B | -1.0% | 1.79% |
| 2018 | $1.75B | $0.00 | $1.75B | 1.91B | 0.9% | 0.85% |
| 2017 | $1.15B | $368.00M | $783.00M | 1.90B | 1.3% | 0.49% |
| 2016 | $0.00 | $642.00M | −$642.00M | 1.87B | -0.1% | — |
| 2015 | $0.00 | $344.00M | −$344.00M | 1.87B | -1.2% | — |
| 2014 | $4.41B | $358.00M | $4.05B | 1.90B | -1.8% | 2.10% |
| 2013 | $4.49B | $515.00M | $3.98B | 1.93B | -1.6% | 1.89% |
| 2012 | $4.14B | $460.00M | $3.68B | 1.96B | -1.8% | 1.98% |
| 2011 | $3.19B | $0.00 | $3.19B | 2.00B | -0.4% | 1.52% |
| 2010 | $306.00M | $0.00 | $306.00M | 2.01B | 0.4% | 0.17% |
| 2009 | $0.00 | $0.00 | $0.00 | 2.00B | -2.4% | — |
| 2008 | $6.82B | $0.00 | $6.82B | 2.05B | -3.8% | 4.63% |
| 2007 | $6.39B | $0.00 | $6.39B | 2.13B | -3.0% | 3.31% |
| 2006 | $4.49B | $0.00 | $4.49B | 2.20B | 1.9% | 2.85% |
| 2005 | $2.74B | $0.00 | $2.74B | 2.16B | 1.6% | 2.18% |
| 2004 | $1.66B | $0.00 | $1.66B | 2.12B | 2.2% | 1.51% |
| 2003 | $75.00M | $0.00 | $75.00M | 2.08B | -2.7% | 0.08% |
| 2002 | $0.00 | $0.00 | $0.00 | 2.14B | 0.5% | — |
| 2001 | $763.00M | $0.00 | $763.00M | 2.12B | 62.4% | 0.80% |
| 2000 | $1.50B | $0.00 | $1.50B | 1.31B | -0.9% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 1.32B | 0.5% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 1.31B | -0.2% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 1.32B | 0.8% | — |
| 1996 | $4.00M | $0.00 | $4.00M | 1.31B | — | — |
| 1995 | $4.00M | $0.00 | $4.00M | — | — | — |
| 1994 | $5.00M | $0.00 | $5.00M | — | — | — |
| 1993 | $4.00M | $0.00 | $4.00M | — | — | — |
| 1992 | $382.00M | $0.00 | $382.00M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)100% of headroom
Headroom $3.43B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Chevron buy back its own stock?
- Yes, Chevron (CVX) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Chevron spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $11.86B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Chevron's buyback yield?
- TTM buyback yield is about 3.91% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Chevron's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 3.91% combined (TTM-based where available).
Is Chevron 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 Chevron's share count changed?
- Diluted weighted average shares changed by about 6.8% over roughly five fiscal years (annual income statement data).