AT&T (T) Stock Buyback History
TTM buyback yield 2.80% · Shareholder yield (TTM) 2.80%.

AT&T
T
TTM buyback yield
2.80%
Shareholder yield (TTM)
2.80%
5Y share count change
-0.1%
TTM buyback spend
$4.99B
SBC coverage (TTM)
N/A
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: N/A (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $4.50B | $0.00 | $4.50B | 7.18B | -0.3% | 2.53% |
| 2024 | $215.00M | $0.00 | $215.00M | 7.20B | -0.7% | 0.13% |
| 2023 | $194.00M | $0.00 | $194.00M | 7.26B | -4.3% | 0.16% |
| 2022 | $890.00M | $518.00M | $372.00M | 7.59B | 1.1% | 0.68% |
| 2021 | $202.00M | $0.00 | $202.00M | 7.50B | 4.5% | 0.15% |
| 2020 | $5.50B | $422.00M | $5.08B | 7.18B | -2.2% | 3.54% |
| 2019 | $2.42B | $819.00M | $1.60B | 7.35B | 8.0% | 1.12% |
| 2018 | $609.00M | $463.00M | $146.00M | 6.81B | 10.1% | 0.39% |
| 2017 | $463.00M | $480.00M | −$17.00M | 6.18B | -0.1% | 0.26% |
| 2016 | $512.00M | $653.00M | −$141.00M | 6.19B | 9.6% | 0.26% |
| 2015 | $269.00M | $451.00M | −$182.00M | 5.65B | 8.1% | 0.17% |
| 2014 | $1.62B | $318.00M | $1.30B | 5.22B | -3.0% | 1.23% |
| 2013 | $13.03B | $458.00M | $12.57B | 5.38B | -7.5% | 9.32% |
| 2012 | $12.75B | $511.00M | $12.24B | 5.82B | -2.2% | 8.85% |
| 2011 | $0.00 | $0.00 | $0.00 | 5.95B | 0.2% | — |
| 2010 | $0.00 | $0.00 | $0.00 | 5.94B | 0.2% | — |
| 2009 | $0.00 | $0.00 | $0.00 | 5.92B | -0.6% | — |
| 2008 | $6.08B | $0.00 | $6.08B | 5.96B | -3.4% | 4.79% |
| 2007 | $10.39B | $0.00 | $10.39B | 6.17B | 58.1% | 5.47% |
| 2006 | $2.68B | $0.00 | $2.68B | 3.90B | 15.5% | 2.55% |
| 2005 | $2.57B | $0.00 | $2.57B | 3.38B | 1.7% | 3.89% |
| 2004 | $448.00M | $0.00 | $448.00M | 3.32B | -0.2% | 0.70% |
| 2003 | $490.00M | $0.00 | $490.00M | 3.33B | -0.6% | 0.75% |
| 2002 | $1.46B | $0.00 | $1.46B | 3.35B | -1.4% | 2.14% |
| 2001 | $3.54B | $0.00 | $3.54B | 3.40B | -1.1% | 3.56% |
| 2000 | $2.25B | $0.00 | $2.25B | 3.43B | -0.7% | — |
| 1999 | $1.17B | $0.00 | $1.17B | 3.46B | 0.2% | — |
| 1998 | $498.00M | $0.00 | $498.00M | 3.45B | 87.4% | — |
| 1997 | $102.00M | $0.00 | $102.00M | 1.84B | -6.4% | — |
| 1996 | $650.00M | $0.00 | $650.00M | 1.97B | — | — |
| 1995 | $216.00M | $0.00 | $216.00M | — | — | — |
| 1994 | $447.00M | $0.00 | $447.00M | — | — | — |
| 1993 | $191.10M | $0.00 | $191.10M | — | — | — |
| 1992 | $161.50M | $0.00 | $161.50M | — | — | — |
| 1991 | $147.30M | $0.00 | $147.30M | — | — | — |
| 1990 | $150.30M | $0.00 | $150.30M | — | — | — |
| 1989 | $100.20M | $0.00 | $100.20M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)44% of headroom
Headroom $11.26B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does AT&T buy back its own stock?
- Yes, AT&T (T) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does AT&T spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $4.99B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is AT&T's buyback yield?
- TTM buyback yield is about 2.80% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is AT&T's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 2.80% combined (TTM-based where available).
Is AT&T 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 AT&T's share count changed?
- Diluted weighted average shares changed by about -0.1% over roughly five fiscal years (annual income statement data).