Buyback yield (TTM)
3.26%
Shareholder yield (TTM)
8.63%
5Y share count change
-9.1%
Buyback spend (TTM)
$801.30M
Cumulative buybacks
$27.58B
Key takeaways
- General Mills (GIS) repurchased about $801.30M of stock over the trailing twelve months.
- Diluted share count is down 9.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 12.54× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +223.4% per year over the latest 5-year window.
- TTM repurchases used about 241% of free cash flow remaining after dividends.
Dividend & buyback yield over time for General Mills (GIS)
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 General Mills (GIS)
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 General Mills (GIS)
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 General Mills (GIS)
Latest: $1.20B
Overview
General Mills (GIS) most recent annual buyback spend stands at $1.20B (2025) – plunged 39.9% year-over-year.
Across 2020–2025 (5 years), General Mills buyback spend produced a CAGR of +223.4% – with mixed annual results across the window.
Between 2002 and 2025, General Mills buyback spend plunged 50.6%, falling from $2.44B to $1.20B.
2002 marks the peak buyback spend at $2.44B, with the historical low of $0.00 recorded in 1991.
General Mills Buyback Spend 2025: $1.20B
General Mills buyback spend in 2025 was $1.20B, plunged 39.9% below 2024.
General Mills Buyback Spend 2024: $2.00B
2024's buyback spend for General Mills came in at $2.00B, surged 42.7% from 2023.
General Mills Buyback Spend 2023: $1.40B
General Mills posted buyback spend of $1.40B in 2023, surged 60.1% from 2022.
General Mills Buyback Spend 2022: $876.80M
In 2022, General Mills reported buyback spend of $876.80M, surged 190.9% from 2021.
General Mills Buyback Spend 2021: $301.40M
General Mills buyback spend in 2021 was $301.40M.
See more financial history for General Mills (GIS).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $1.20B | $91.70M | $1.11B | 4.11% | 0.56B | -3.8% | |
| 2024 | $2.00B | $95.30M | $1.91B | 5.18% | 0.58B | -3.6% | |
| 2023 | $1.40B | $111.70M | $1.29B | 2.93% | 0.60B | -1.9% | |
| 2022 | $876.80M | $98.70M | $778.10M | 2.14% | 0.61B | -1.0% | |
| 2021 | $301.40M | $89.90M | $211.50M | 0.90% | 0.62B | +0.9% | |
| 2020 | $3.40M | $94.90M | −$91.50M | 0.01% | 0.61B | +1.3% | |
| 2019 | $1.10M | $84.90M | −$83.80M | 0.00% | 0.61B | +3.4% | |
| 2018 | $601.60M | $77.00M | $524.60M | 2.42% | 0.59B | -2.1% | |
| 2017 | $1.65B | $95.70M | $1.56B | 5.03% | 0.60B | -2.2% | |
| 2016 | $606.70M | $89.80M | $516.90M | 1.61% | 0.61B | -0.6% | |
| 2015 | $1.16B | $106.40M | $1.06B | 3.28% | 0.61B | -4.8% | |
| 2014 | $1.75B | $108.50M | $1.64B | 5.17% | 0.65B | -3.0% | |
| 2013 | $1.04B | $100.40M | $944.50M | 3.43% | 0.67B | -0.2% | |
| 2012 | $313.00M | $108.30M | $204.70M | 1.26% | 0.67B | +0.3% | |
| 2011 | $1.16B | $105.30M | $1.06B | 4.55% | 0.66B | -2.8% | |
| 2010 | $691.80M | $107.30M | $584.50M | 2.89% | 0.68B | -0.6% | |
| 2009 | $1.30B | $117.70M | $1.18B | 7.71% | 0.69B | -1.0% | |
| 2008 | $2.43B | $133.20M | $2.29B | 11.39% | 0.69B | -3.7% | |
| 2007 | $1.32B | $127.10M | $1.19B | 6.26% | 0.72B | -4.9% | |
| 2006 | $885.00M | $44.60M | $840.40M | 4.78% | 0.76B | -7.4% | |
| 2005 | $771.00M | $38.00M | $733.00M | 3.83% | 0.82B | -1.0% | |
| 2004 | $24.00M | $0.00 | $24.00M | 0.14% | 0.83B | +9.3% | |
| 2003 | $29.00M | $0.00 | $29.00M | 0.17% | 0.76B | +10.5% | |
| 2002 | $2.44B | $0.00 | $2.44B | 14.59% | 0.68B | +17.1% | |
| 2001 | $226.00M | $0.00 | $226.00M | 1.87% | 0.58B | -5.0% | |
| 2000 | $820.00M | $0.00 | $820.00M | — | 0.61B | -2.4% | |
| 1999 | $340.70M | $0.00 | $340.70M | — | 0.63B | -3.0% | |
| 1998 | $524.90M | $0.00 | $524.90M | — | 0.65B | +0.6% | |
| 1997 | $361.80M | $0.00 | $361.80M | — | 0.65B | -0.4% | |
| 1996 | $35.60M | $0.00 | $35.60M | — | 0.65B | — | |
| 1995 | $57.70M | $0.00 | $57.70M | — | — | — | |
| 1994 | $145.70M | $0.00 | $145.70M | — | — | — | |
| 1993 | $420.20M | $0.00 | $420.20M | — | — | — | |
| 1992 | $40.10M | $0.00 | $40.10M | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $149.90M | $0.00 | $149.90M | — | — | — | |
| 1989 | $189.20M | $0.00 | $189.20M | — | — | — | |
| 1988 | $226.40M | $0.00 | $226.40M | — | — | — | |
| 1987 | $60.30M | $0.00 | $60.30M | — | — | — | |
| 1986 | $22.00M | $0.00 | $22.00M | — | — | — |
- 2025$1.20B
- 2024$2.00B
- 2023$1.40B
- 2022$876.80M
- 2021$301.40M
- 2020$3.40M
- 2019$1.10M
- 2018$601.60M
- 2017$1.65B
- 2016$606.70M
- 2015$1.16B
- 2014$1.75B
- 2013$1.04B
- 2012$313.00M
- 2011$1.16B
- 2010$691.80M
- 2009$1.30B
- 2008$2.43B
- 2007$1.32B
- 2006$885.00M
- 2005$771.00M
- 2004$24.00M
- 2003$29.00M
- 2002$2.44B
- 2001$226.00M
- 2000$820.00M
- 1999$340.70M
- 1998$524.90M
- 1997$361.80M
- 1996$35.60M
- 1995$57.70M
- 1994$145.70M
- 1993$420.20M
- 1992$40.10M
- 1991$0.00
- 1990$149.90M
- 1989$189.20M
- 1988$226.40M
- 1987$60.30M
- 1986$22.00M
Buybacks vs stock-based compensation for General Mills (GIS)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 12.54×.
Buybacks vs dividends (share of cash returned) for General Mills (GIS)
How General Mills splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as General Mills, ranked by their latest buyback spend.
| $8.09B | |
| $6.50B | |
| $1.00B | |
| $1.00B | |
| $903.00M | |
| $746.00M | |
| $103.65M | |
| $0.00 |
- $8.09B
- $6.50B
- $1.00B
- $1.00B
- $903.00M
- $746.00M
- $103.65M
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 $332.60M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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