Buyback yield (TTM)
0.69%
Shareholder yield (TTM)
3.42%
5Y share count change
5.6%
Buyback spend (TTM)
$417.27M
Cumulative buybacks
$5.03B
Key takeaways
- Simon Property Group (SPG) repurchased about $417.27M of stock over the trailing twelve months.
- Diluted share count is up 5.6% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- Cash buyback spend has compounded at +6.0% per year over the latest 5-year window.
- TTM repurchases used about 26% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Simon Property Group (SPG)
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 Simon Property Group (SPG)
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 Simon Property Group (SPG)
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 Simon Property Group (SPG)
Latest: $227.15M
Overview
As of the 2025 fiscal year, Simon Property Group (SPG) reported buyback spend of $227.15M – surged 2051.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Simon Property Group buyback spend compounded at +6.0% per year, with mixed annual results across the window.
Simon Property Group buyback spend plunged from $518.29M in 2023 to $227.15M in 2025, a 56.2% drawdown.
The highest annual buyback spend of $518.29M was reported in 2023. The lowest in the available history was $0.00 in 1993.
Simon Property Group Buyback Spend 2025: $227.15M
In 2025, Simon Property Group reported buyback spend of $227.15M, surged 2051.5% from 2024.
Simon Property Group Buyback Spend 2024: $10.56M
Simon Property Group buyback spend in 2024 was $10.56M, plunged 98.0% below 2023.
Simon Property Group Buyback Spend 2023: $518.29M
2023's buyback spend for Simon Property Group came in at $518.29M, edged up 0.5% from 2022. This figure represents the highest annual value in the available history.
Simon Property Group Buyback Spend 2022: $515.90M
Simon Property Group posted buyback spend of $515.90M in 2022, surged 22156.5% from 2021.
Simon Property Group Buyback Spend 2021: $2.32M
Simon Property Group buyback spend in 2021 was $2.32M.
See more financial history for Simon Property Group (SPG).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $227.15M | $0.00 | $227.15M | 0.38% | 0.33B | -0.0% | |
| 2024 | $10.56M | $0.00 | $10.56M | 0.02% | 0.33B | -0.2% | |
| 2023 | $518.29M | $0.00 | $518.29M | 1.11% | 0.33B | -0.3% | |
| 2022 | $515.90M | $24.70M | $491.20M | 1.34% | 0.33B | -0.2% | |
| 2021 | $2.32M | $24.80M | −$22.48M | 0.00% | 0.33B | +6.4% | |
| 2020 | $169.55M | $1.90M | $167.65M | 0.61% | 0.31B | +0.3% | |
| 2019 | $369.90M | $26.80M | $343.10M | 0.81% | 0.31B | -0.5% | |
| 2018 | $438.85M | $0.00 | $438.85M | 0.84% | 0.31B | -0.6% | |
| 2017 | $410.12M | $23.00M | $387.12M | 0.77% | 0.31B | -0.4% | |
| 2016 | $259.89M | $40.10M | $219.79M | 0.47% | 0.31B | +0.8% | |
| 2015 | $509.28M | $34.30M | $474.98M | 0.85% | 0.31B | -0.2% | |
| 2014 | $14.44M | $39.90M | −$25.46M | 0.03% | 0.31B | +0.2% | |
| 2013 | $0.00 | $39.10M | −$39.10M | — | 0.31B | +2.3% | |
| 2012 | $248.00M | $32.40M | $215.60M | 0.54% | 0.30B | +3.3% | |
| 2011 | $0.00 | $0.00 | $0.00 | — | 0.29B | +0.8% | |
| 2010 | $10.99M | $0.00 | $10.99M | 0.04% | 0.29B | +8.5% | |
| 2009 | $87.69M | $0.00 | $87.69M | 0.41% | 0.27B | +18.9% | |
| 2008 | $1.84M | $0.00 | $1.84M | 0.02% | 0.23B | +0.9% | |
| 2007 | $384.46M | $0.00 | $384.46M | 2.11% | 0.22B | +0.8% | |
| 2006 | $409.71M | $0.00 | $409.71M | 1.96% | 0.22B | +0.5% | |
| 2005 | $194.42M | $0.00 | $194.42M | 1.22% | 0.22B | +5.8% | |
| 2004 | $99.88M | $0.00 | $99.88M | 0.77% | 0.21B | +9.9% | |
| 2003 | $93.95M | $0.00 | $93.95M | 1.09% | 0.19B | +5.5% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.18B | +3.6% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.17B | +0.7% | |
| 2000 | $50.97M | $0.00 | $50.97M | — | 0.17B | +0.1% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.17B | +36.9% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.13B | +26.0% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.10B | -16.5% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.12B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$227.15M
- 2024$10.56M
- 2023$518.29M
- 2022$515.90M
- 2021$2.32M
- 2020$169.55M
- 2019$369.90M
- 2018$438.85M
- 2017$410.12M
- 2016$259.89M
- 2015$509.28M
- 2014$14.44M
- 2013$0.00
- 2012$248.00M
- 2011$0.00
- 2010$10.99M
- 2009$87.69M
- 2008$1.84M
- 2007$384.46M
- 2006$409.71M
- 2005$194.42M
- 2004$99.88M
- 2003$93.95M
- 2002$0.00
- 2001$0.00
- 2000$50.97M
- 1999$0.00
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
- 1993$0.00
Buybacks vs stock-based compensation for Simon Property Group (SPG)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Buybacks vs dividends (share of cash returned) for Simon Property Group (SPG)
How Simon Property Group splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Simon Property Group, ranked by their latest buyback spend.
| $364.60M | |
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- $364.60M
- $0.00
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- $0.00
- $0.00
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 $1.61B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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