Coca-Cola (KO) Stock Buyback History

TTM buyback yield 0.25% · Shareholder yield (TTM) 0.25%.

TTM buyback yield

0.25%

Shareholder yield (TTM)

0.25%

5Y share count change

-0.2%

TTM buyback spend

$746.00M

SBC coverage (TTM)

2.67x

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: 2.67x (buybacks ÷ SBC). Bars are fiscal-year totals.

Buyback spending history

YearBuybacksSBCNetShares (dil.)YoY sharesBuyback yield
2025$746.00M$279.00M$467.00M4.31B-0.2%0.25%
2024$1.79B$286.00M$1.51B4.32B-0.4%0.67%
2023$2.29B$254.00M$2.04B4.34B-0.3%0.90%
2022$1.42B$356.00M$1.06B4.35B0.2%0.52%
2021$111.00M$337.00M−$226.00M4.34B0.4%0.04%
2020$118.00M$126.00M−$8.00M4.32B0.2%0.05%
2019$1.10B$201.00M$902.00M4.31B0.3%0.47%
2018$1.91B$225.00M$1.69B4.30B-0.6%0.95%
2017$3.68B$219.00M$3.46B4.32B-1.0%1.88%
2016$3.68B$258.00M$3.42B4.37B-0.9%2.06%
2015$3.56B$236.00M$3.33B4.41B-1.0%1.91%
2014$4.16B$209.00M$3.95B4.45B-1.3%2.25%
2013$4.83B$227.00M$4.61B4.51B-1.6%2.65%
2012$4.56B$259.00M$4.30B4.58B-1.3%2.81%
2011$4.51B$354.00M$4.16B4.65B-0.4%2.84%
2010$2.96B$380.00M$2.58B4.67B0.2%1.95%
2009$1.52B$241.00M$1.28B4.66B-0.3%1.15%
2008$1.08B$266.00M$813.00M4.67B0.2%1.03%
2007$1.84B$0.00$1.84B4.66B-0.8%1.29%
2006$2.42B$0.00$2.42B4.70B-1.8%2.16%
2005$2.06B$0.00$2.06B4.79B-1.5%2.16%
2004$1.74B$0.00$1.74B4.86B-1.3%1.73%
2003$1.44B$0.00$1.44B4.92B-0.8%1.16%
2002$691.00M$0.00$691.00M4.97B-0.2%0.64%
2001$277.00M$0.00$277.00M4.97B0.0%0.24%
2000$133.00M$0.00$133.00M4.97B0.0%
1999$15.00M$0.00$15.00M4.97B-0.4%
1998$1.56B$0.00$1.56B4.99B-0.8%
1997$1.26B$0.00$1.26B5.03B-0.3%
1996$1.52B$0.00$1.52B5.05B
1995$1.80B$0.00$1.80B
1994$1.19B$0.00$1.19B
1993$680.00M$0.00$680.00M
1992$1.26B$0.00$1.26B
1991$474.10M$0.00$474.10M
1990$531.70M$0.00$531.70M
1989$1.17B$0.00$1.17B

Buybacks vs dividends (share of cash returned)

Buyback capacity (TTM)

TTM buybacks vs headroom (FCF − dividends, TTM)N/A

Headroom $0.00 (TTM FCF − TTM dividends, clamped at zero).

Frequently asked questions

Does Coca-Cola buy back its own stock?

Yes, Coca-Cola (KO) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.

How much does Coca-Cola spend on share buybacks?

Trailing twelve months (TTM) buyback spend is about $746.00M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.

What is Coca-Cola's buyback yield?

TTM buyback yield is about 0.25% (TTM buyback spend divided by market cap at the latest quarter-end in our data).

What is Coca-Cola's shareholder yield?

Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.25% combined (TTM-based where available).

Is Coca-Cola 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 Coca-Cola's share count changed?

Diluted weighted average shares changed by about -0.2% over roughly five fiscal years (annual income statement data).