Procter & Gamble (PG) Stock Buyback History
TTM buyback yield 1.61% · Shareholder yield (TTM) 1.61%.
TTM buyback yield
1.61%
Shareholder yield (TTM)
1.61%
5Y share count change
-6.5%
TTM buyback spend
$5.58B
SBC coverage (TTM)
11.23x
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: 11.23x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $6.50B | $476.00M | $6.02B | 2.45B | -0.7% | 1.66% |
| 2024 | $5.01B | $562.00M | $4.44B | 2.47B | -0.5% | 1.24% |
| 2023 | $7.35B | $545.00M | $6.81B | 2.48B | -2.2% | 1.96% |
| 2022 | $10.00B | $528.00M | $9.47B | 2.54B | -2.4% | 2.76% |
| 2021 | $11.01B | $540.00M | $10.47B | 2.60B | -0.9% | 3.26% |
| 2020 | $7.41B | $558.00M | $6.85B | 2.63B | 3.4% | 2.43% |
| 2019 | $5.00B | $515.00M | $4.49B | 2.54B | -4.4% | 1.81% |
| 2018 | $7.00B | $395.00M | $6.61B | 2.66B | -3.1% | 3.46% |
| 2017 | $5.20B | $366.00M | $4.84B | 2.74B | -3.7% | 2.26% |
| 2016 | $5.73B | $342.00M | $5.39B | 2.84B | -1.4% | 2.46% |
| 2015 | $4.60B | $337.00M | $4.27B | 2.88B | -0.7% | 1.92% |
| 2014 | $6.00B | $360.00M | $5.64B | 2.90B | -0.9% | 2.73% |
| 2013 | $5.99B | $346.00M | $5.64B | 2.93B | -0.4% | 2.70% |
| 2012 | $4.02B | $377.00M | $3.65B | 2.94B | -2.0% | 2.33% |
| 2011 | $7.04B | $414.00M | $6.63B | 3.00B | -3.1% | 4.02% |
| 2010 | $6.00B | $453.00M | $5.55B | 3.10B | -1.7% | 3.49% |
| 2009 | $6.37B | $516.00M | $5.85B | 3.15B | -4.9% | 4.27% |
| 2008 | $10.05B | $555.00M | $9.49B | 3.32B | -2.4% | 5.48% |
| 2007 | $5.58B | $0.00 | $5.58B | 3.40B | 3.4% | 2.92% |
| 2006 | $16.83B | $0.00 | $16.83B | 3.29B | 20.1% | 9.43% |
| 2005 | $5.03B | $0.00 | $5.03B | 2.74B | -1.9% | 3.92% |
| 2004 | $4.07B | $0.00 | $4.07B | 2.79B | -0.4% | 2.94% |
| 2003 | $1.24B | $0.00 | $1.24B | 2.80B | -0.3% | 1.07% |
| 2002 | $568.00M | $0.00 | $568.00M | 2.81B | -0.0% | 0.48% |
| 2001 | $1.25B | $0.00 | $1.25B | 2.81B | 3.4% | 1.53% |
| 2000 | $1.77B | $0.00 | $1.77B | 2.72B | -1.2% | — |
| 1999 | $2.53B | $0.00 | $2.53B | 2.75B | -11.7% | — |
| 1998 | $1.93B | $0.00 | $1.93B | 3.12B | 3.5% | — |
| 1997 | $1.65B | $0.00 | $1.65B | 3.01B | 0.2% | — |
| 1996 | $432.00M | $0.00 | $432.00M | 3.00B | — | — |
| 1995 | $114.00M | $0.00 | $114.00M | — | — | — |
| 1994 | $14.00M | $0.00 | $14.00M | — | — | — |
| 1993 | $55.00M | $0.00 | $55.00M | — | — | — |
| 1992 | $49.00M | $0.00 | $49.00M | — | — | — |
| 1991 | $837.00M | $0.00 | $837.00M | — | — | — |
| 1990 | $179.00M | $0.00 | $179.00M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)100% of headroom
Headroom $4.77B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Procter & Gamble buy back its own stock?
- Yes, Procter & Gamble (PG) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Procter & Gamble spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $5.58B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Procter & Gamble's buyback yield?
- TTM buyback yield is about 1.61% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Procter & Gamble's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 1.61% combined (TTM-based where available).
Is Procter & Gamble 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 Procter & Gamble's share count changed?
- Diluted weighted average shares changed by about -6.5% over roughly five fiscal years (annual income statement data).