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Meta (META) Stock Buyback History

TTM buyback yield 1.24% · Shareholder yield (TTM) 1.24%.

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Meta

META

TTM buyback yield

1.24%

Shareholder yield (TTM)

1.24%

5Y share count change

-10.9%

TTM buyback spend

$17.92B

SBC coverage (TTM)

0.80x

YoY change in spend

-12.9%

5Y CAGR of spend

+33.1%

Peak year (2021)

$44.54B

Cumulative spend

$174.00B

TTM metrics calculated from the four most recent reported quarters, ending (reported ).

Key takeaways

  • Meta (META) repurchased about $17.92B of stock over the trailing twelve months.
  • Diluted share count is down 10.9% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
  • TTM buyback ÷ stock-based-comp ratio of 0.80× — repurchases only partially offset SBC dilution.
  • Cash buyback spend has compounded at +33.1% per year over the latest 5-year window.
  • TTM repurchases used about 42% of free cash flow remaining after dividends.

Buyback context per fiscal year

Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.

YearBuybacksSBCNetShares (dil.)YoY sharesBuyback yield
2025$26.25B$20.43B$5.82B2.57B-1.5%1.58%
2024$30.13B$16.69B$13.44B2.61B-0.6%2.03%
2023$19.77B$14.03B$5.75B2.63B-2.7%2.18%
2022$27.96B$11.99B$15.96B2.70B-5.5%8.81%
2021$44.54B$9.16B$35.37B2.86B-1.0%4.73%
2020$6.27B$6.54B−$264.00M2.89B0.4%0.79%
2019$4.20B$4.84B−$634.00M2.88B-1.5%0.71%
2018$12.88B$4.15B$8.73B2.92B-1.2%3.40%
2017$1.98B$3.72B−$1.75B2.96B1.1%0.38%
2016$6.00M$3.22B−$3.21B2.92B2.5%0.00%
2015$20.00M$2.96B−$2.94B2.85B7.1%0.01%
2014$0.00$1.79B−$1.79B2.66B5.8%
2013$0.00$906.00M−$906.00M2.52B-21.3%
2012$0.00$1.57B−$1.57B3.20B36.3%
2011$0.00$217.00M−$217.00M2.35B0.0%
2010$0.00$20.00M−$20.00M2.35B9.8%
2009$0.00$0.00$0.002.14B

Cash buyback spend (USD) — annual & quarterly history

Trailing-twelve-month and per-period cash repurchases for Meta (META) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.

Cash buyback spend over time for Meta (META)

Per-period cash repurchases

Cash buyback spend annual + quarterly history for Meta (META)

Fiscal yearPeriod endedReportedBuyback SpendYoYYoY change
2025$26.25B-12.9%-$3.88B
2024$30.13B+52.3%+$10.35B
2023$19.77B-29.3%-$8.18B
2022$27.96B-37.2%-$16.58B
2021$44.54B+610.1%+$38.27B
2020$6.27B+49.3%+$2.07B
2019$4.20B-67.4%-$8.68B
2018$12.88B+551.8%+$10.90B
2017$1.98B+32833.3%+$1.97B
2016$6.00M-70.0%-$14.00M
2015$20.00M+$20.00M
2014$0$0
2013$0$0
2012$0$0
2011$0$0
2010$0$0
2009$0

The 2025 reading of Meta (META) buyback spend is $26.25B – declined 12.9% year-over-year.

Meta buyback spend has recorded the values shown across consecutive periods, with a +33.1% compound annual growth rate over 2020–2025 (5 years).

Between 2021 and 2025, Meta buyback spend plunged 41.1%, falling from $44.54B to $26.25B.

$44.54B stands as the all-time-high annual buyback spend, posted in 2021, against a low of $0 during 2009.

Within Communication Services, Meta (META) ranks 2nd among 8 peers we track. The peer median for buyback spend is $5.83B.

Meta Buyback Spend 2025: $26.25B

Meta buyback spend in 2025 was $26.25B, declined 12.9% below 2024.

Meta Buyback Spend 2024: $30.13B

Meta buyback spend in 2024 was $30.13B, surged 52.3% from 2023.

Meta Buyback Spend 2023: $19.77B

Meta buyback spend in 2023 was $19.77B, declined 29.3% below 2022.

Meta Buyback Spend 2022: $27.96B

Meta buyback spend in 2022 was $27.96B, plunged 37.2% below 2021.

Meta Buyback Spend 2021: $44.54B

Meta buyback spend in 2021 was $44.54B.

See more financial history for Meta (META).

Sector peers by buyback spend

Companies in the same sector as Meta, ranked by their latest buyback spend.

CompanyBuyback SpendSector
Alphabet (GOOGL)$45.71BCommunication Services
T-Mobile US (TMUS)$9.97BCommunication Services
Netflix (NFLX)$9.13BCommunication Services
Comcast (CMCSA)$7.16BCommunication Services
AT&T (T)$4.50BCommunication Services
Walt Disney (DIS)$3.50BCommunication Services
Spotify (SPOT)$439.00MCommunication Services
Verizon (VZ)$0Communication Services

Share count history

Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.

Diluted vs basic shares (annual)

Year-over-year change in diluted shares

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.

Dividend & buyback yield over time

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.

Buybacks vs stock-based compensation

Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.80×.

Capital allocation mix

How Meta splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.

Buybacks vs dividends (share of cash returned)

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.

TTM buybacks vs headroom (FCF − dividends, TTM)42% of headroom

Headroom $42.91B (TTM FCF − TTM dividends, clamped at zero).

Data & methodology

Where do buyback, dividend and compensation figures come from?

Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Meta's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.

How are diluted shares and yields calculated?

Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.

How is buyback capacity defined?

Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.

Is this investment advice?

No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.

Frequently asked questions

Does Meta buy back its own stock?

Yes, Meta (META) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.

How much does Meta spend on share buybacks?

Trailing twelve months (TTM) buyback spend is about $17.92B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.

What is Meta's buyback yield?

TTM buyback yield is about 1.24% (TTM buyback spend divided by market cap at the latest quarter-end in our data).

What is Meta's shareholder yield?

Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 1.24% combined (TTM-based where available).

Is Meta 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 Meta's share count changed?

Diluted weighted average shares changed by about -10.9% over roughly five fiscal years (annual income statement data).

What is Meta's buyback spend?

Latest reported buyback spend for Meta (META) is $17.92B (period ending March 31, 2026).

How has Meta buyback spend changed year-over-year?

Meta (META) buyback spend changed -12.9% year-over-year on the latest annual filing.

What is the long-term growth rate of Meta buyback spend?

Meta (META) buyback spend compound annual growth rate is +33.1% over the most recent 5 years available.

When did Meta buyback spend hit its highest annual value?

Meta buyback spend reached its highest annual value of $44.54B in 2021.

What was Meta buyback spend in 2024?

Meta (META) buyback spend in 2024 was $30.13B.

What was Meta buyback spend in 2025?

Meta (META) buyback spend in 2025 was $26.25B.