Buyback yield (TTM)
2.06%
Shareholder yield (TTM)
4.71%
5Y share count change
-4.5%
Buyback spend (TTM)
$492.00M
Cumulative buybacks
$14.14B
Key takeaways
- PPG Industries (PPG) repurchased about $492.00M of stock over the trailing twelve months.
- Diluted share count is down 4.5% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 20.50× — repurchases more than cover SBC dilution.
- TTM repurchases used about 83% of free cash flow remaining after dividends.
Dividend & buyback yield over time for PPG Industries (PPG)
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 PPG Industries (PPG)
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 PPG Industries (PPG)
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 PPG Industries (PPG)
Latest: $790.00M
Overview
In 2025, PPG Industries (PPG) buyback spend totalled $790.00M – grew 5.1% year-over-year.
PPG Industries buyback spend has grown for 2 consecutive years, with a +0.5% compound annual growth rate over 2015–2025 (10 years).
Between 2018 and 2025, PPG Industries buyback spend plunged 54.1%, falling from $1.72B to $790.00M.
$1.72B stands as the all-time-high annual buyback spend, posted in 2018, against a low of $0.00 during 2002.
PPG Industries Buyback Spend 2025: $790.00M
PPG Industries posted buyback spend of $790.00M in 2025, grew 5.1% from 2024.
PPG Industries Buyback Spend 2024: $752.00M
In 2024, PPG Industries reported buyback spend of $752.00M, surged 774.4% from 2023.
PPG Industries Buyback Spend 2023: $86.00M
PPG Industries buyback spend in 2023 was $86.00M, plunged 54.7% below 2022.
PPG Industries Buyback Spend 2022: $190.00M
2022's buyback spend for PPG Industries came in at $190.00M, declined 9.5% below 2021.
PPG Industries Buyback Spend 2021: $210.00M
PPG Industries buyback spend in 2021 was $210.00M.
See more financial history for PPG Industries (PPG).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $790.00M | $0.00 | $790.00M | 3.44% | 0.23B | -3.3% | |
| 2024 | $752.00M | $42.00M | $710.00M | 2.70% | 0.23B | -1.0% | |
| 2023 | $86.00M | $56.00M | $30.00M | 0.24% | 0.24B | -0.0% | |
| 2022 | $190.00M | $34.00M | $156.00M | 0.64% | 0.24B | -0.9% | |
| 2021 | $210.00M | $57.00M | $153.00M | 0.51% | 0.24B | +0.6% | |
| 2020 | $0.00 | $44.00M | −$44.00M | — | 0.24B | -0.1% | |
| 2019 | $325.00M | $39.00M | $286.00M | 1.03% | 0.24B | -2.9% | |
| 2018 | $1.72B | $37.00M | $1.68B | 7.06% | 0.25B | -4.8% | |
| 2017 | $813.00M | $35.00M | $778.00M | 2.77% | 0.26B | -3.6% | |
| 2016 | $1.05B | $45.00M | $1.00B | 4.23% | 0.27B | -2.3% | |
| 2015 | $751.00M | $54.00M | $697.00M | 2.82% | 0.27B | -2.1% | |
| 2014 | $750.00M | $71.00M | $679.00M | 2.36% | 0.28B | -3.7% | |
| 2013 | $1.00B | $81.00M | $919.00M | 3.74% | 0.29B | -6.4% | |
| 2012 | $92.00M | $71.00M | $21.00M | 0.44% | 0.31B | -2.6% | |
| 2011 | $858.00M | $34.00M | $824.00M | 6.72% | 0.32B | -3.2% | |
| 2010 | $586.00M | $0.00 | $586.00M | 4.35% | 0.33B | -0.6% | |
| 2009 | $59.00M | $0.00 | $59.00M | 0.61% | 0.33B | -0.0% | |
| 2008 | $7.00M | $0.00 | $7.00M | 0.10% | 0.33B | +0.6% | |
| 2007 | $274.00M | $0.00 | $274.00M | 2.38% | 0.33B | -1.2% | |
| 2006 | $153.00M | $0.00 | $153.00M | 1.45% | 0.33B | -2.5% | |
| 2005 | $607.00M | $0.00 | $607.00M | 6.32% | 0.34B | -1.2% | |
| 2004 | $100.00M | $0.00 | $100.00M | 0.86% | 0.35B | +1.2% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.34B | +1.6% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.34B | -0.4% | |
| 2001 | $5.00M | $0.00 | $5.00M | 0.06% | 0.34B | -2.7% | |
| 2000 | $247.00M | $0.00 | $247.00M | — | 0.35B | -1.2% | |
| 1999 | $82.00M | $0.00 | $82.00M | — | 0.35B | -1.6% | |
| 1998 | $217.00M | $0.00 | $217.00M | — | 0.36B | -1.3% | |
| 1997 | $343.00M | $0.00 | $343.00M | — | 0.36B | -4.4% | |
| 1996 | $635.00M | $0.00 | $635.00M | — | 0.38B | — | |
| 1995 | $588.00M | $0.00 | $588.00M | — | — | — | |
| 1994 | $280.00M | $0.00 | $280.00M | — | — | — | |
| 1993 | $81.20M | $0.00 | $81.20M | — | — | — | |
| 1992 | $26.60M | $0.00 | $26.60M | — | — | — | |
| 1991 | $15.20M | $0.00 | $15.20M | — | — | — | |
| 1990 | $135.90M | $0.00 | $135.90M | — | — | — | |
| 1989 | $306.40M | $0.00 | $306.40M | — | — | — |
- 2025$790.00M
- 2024$752.00M
- 2023$86.00M
- 2022$190.00M
- 2021$210.00M
- 2020$0.00
- 2019$325.00M
- 2018$1.72B
- 2017$813.00M
- 2016$1.05B
- 2015$751.00M
- 2014$750.00M
- 2013$1.00B
- 2012$92.00M
- 2011$858.00M
- 2010$586.00M
- 2009$59.00M
- 2008$7.00M
- 2007$274.00M
- 2006$153.00M
- 2005$607.00M
- 2004$100.00M
- 2003$0.00
- 2002$0.00
- 2001$5.00M
- 2000$247.00M
- 1999$82.00M
- 1998$217.00M
- 1997$343.00M
- 1996$635.00M
- 1995$588.00M
- 1994$280.00M
- 1993$81.20M
- 1992$26.60M
- 1991$15.20M
- 1990$135.90M
- 1989$306.40M
Buybacks vs stock-based compensation for PPG Industries (PPG)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 20.50×.
Buybacks vs dividends (share of cash returned) for PPG Industries (PPG)
How PPG Industries splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as PPG Industries, ranked by their latest buyback spend.
| $4.60B | |
| $2.30B | |
| $1.66B | |
| $1.18B | |
| $783.80M | |
| $682.89M | |
| $107.00M | |
| $0.00 |
- $4.60B
- $2.30B
- $1.66B
- $1.18B
- $783.80M
- $682.89M
- $107.00M
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 $594.00M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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