Medtronic (MDT) Stock Buyback History
TTM buyback yield 0.68% · Shareholder yield (TTM) 0.68%.
Medtronic
MDT
TTM buyback yield
0.68%
Shareholder yield (TTM)
0.68%
5Y share count change
-4.5%
TTM buyback spend
$874.00M
SBC coverage (TTM)
1.94x
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: 1.94x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $3.23B | $429.00M | $2.81B | 1.29B | -3.0% | 3.00% |
| 2024 | $2.14B | $393.00M | $1.75B | 1.33B | -0.2% | 2.03% |
| 2023 | $645.00M | $355.00M | $290.00M | 1.33B | -1.4% | 0.53% |
| 2022 | $2.54B | $359.00M | $2.19B | 1.35B | -0.2% | 1.82% |
| 2021 | $652.00M | $344.00M | $308.00M | 1.35B | 0.2% | 0.37% |
| 2020 | $1.33B | $297.00M | $1.03B | 1.35B | -0.5% | 1.01% |
| 2019 | $2.88B | $290.00M | $2.59B | 1.36B | -0.8% | 2.42% |
| 2018 | $2.17B | $344.00M | $1.83B | 1.37B | -1.7% | 2.00% |
| 2017 | $3.54B | $348.00M | $3.20B | 1.39B | -2.4% | 3.09% |
| 2016 | $2.83B | $376.00M | $2.45B | 1.43B | 28.6% | 2.55% |
| 2015 | $1.92B | $439.00M | $1.48B | 1.11B | 9.4% | 1.81% |
| 2014 | $2.55B | $145.00M | $2.41B | 1.01B | -1.4% | 4.34% |
| 2013 | $1.25B | $152.00M | $1.09B | 1.03B | -3.1% | 2.63% |
| 2012 | $1.44B | $161.00M | $1.28B | 1.06B | -2.0% | 3.62% |
| 2011 | $1.14B | $198.00M | $942.00M | 1.08B | -2.5% | 2.55% |
| 2010 | $1.03B | $226.00M | $804.00M | 1.11B | -1.5% | 2.14% |
| 2009 | $759.00M | $237.00M | $522.00M | 1.13B | -1.4% | 2.13% |
| 2008 | $1.54B | $217.00M | $1.33B | 1.14B | -1.7% | 2.82% |
| 2007 | $1.04B | $0.00 | $1.04B | 1.16B | -4.6% | 1.71% |
| 2006 | $4.66B | $0.00 | $4.66B | 1.22B | -0.1% | 7.85% |
| 2005 | $511.00M | $0.00 | $511.00M | 1.22B | -0.5% | 0.80% |
| 2004 | $880.50M | $0.00 | $880.50M | 1.23B | -0.2% | 1.44% |
| 2003 | $418.50M | $0.00 | $418.50M | 1.23B | 0.3% | 0.72% |
| 2002 | $25.60M | $0.00 | $25.60M | 1.22B | -0.1% | 0.05% |
| 2001 | $0.00 | $0.00 | $0.00 | 1.23B | 0.2% | — |
| 2000 | $497.40M | $0.00 | $497.40M | 1.22B | 1.3% | — |
| 1999 | $377.20M | $0.00 | $377.20M | 1.21B | 2.6% | — |
| 1998 | $168.20M | $0.00 | $168.20M | 1.18B | 0.9% | — |
| 1997 | $476.60M | $0.00 | $476.60M | 1.17B | 22.5% | — |
| 1996 | $33.60M | $0.00 | $33.60M | 0.95B | — | — |
| 1995 | $59.10M | $0.00 | $59.10M | — | — | — |
| 1994 | $53.40M | $0.00 | $53.40M | — | — | — |
| 1993 | $142.90M | $0.00 | $142.90M | — | — | — |
| 1992 | $38.30M | $0.00 | $38.30M | — | — | — |
| 1991 | $4.60M | $0.00 | $4.60M | — | — | — |
| 1990 | $37.50M | $0.00 | $37.50M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)49% of headroom
Headroom $1.78B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Medtronic buy back its own stock?
- Yes, Medtronic (MDT) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Medtronic spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $874.00M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Medtronic's buyback yield?
- TTM buyback yield is about 0.68% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Medtronic's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.68% combined (TTM-based where available).
Is Medtronic 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 Medtronic's share count changed?
- Diluted weighted average shares changed by about -4.5% over roughly five fiscal years (annual income statement data).