Molson Coors Beverage (TAP) Stock Buyback History
TTM buyback yield 9.30% · Shareholder yield (TTM) 9.30%.
TTM buyback yield
9.30%
Shareholder yield (TTM)
9.30%
5Y share count change
-9.7%
TTM buyback spend
$756.80M
SBC coverage (TTM)
32.20x
YoY change in spend
+0.7%
5Y CAGR of spend
+175.3%
Peak year (2025)
$647.90M
Cumulative spend
$2.24B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Molson Coors Beverage (TAP) repurchased about $756.80M of stock over the trailing twelve months.
- Diluted share count is down 9.7% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 32.20× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +175.3% per year over the latest 5-year window.
- TTM repurchases used about 95% 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.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $647.90M | $35.00M | $612.90M | 0.20B | -6.8% | 7.11% |
| 2024 | $643.40M | $43.10M | $600.30M | 0.21B | -3.4% | 5.47% |
| 2023 | $205.80M | $44.90M | $160.90M | 0.22B | 0.2% | 1.56% |
| 2022 | $51.50M | $33.60M | $17.90M | 0.22B | -0.3% | 0.46% |
| 2021 | $0.00 | $32.10M | −$32.10M | 0.22B | 0.4% | — |
| 2020 | $4.10M | $24.20M | −$20.10M | 0.22B | -0.0% | 0.04% |
| 2019 | $0.00 | $8.50M | −$8.50M | 0.22B | 0.1% | — |
| 2018 | $0.00 | $42.60M | −$42.60M | 0.22B | 0.0% | — |
| 2017 | $0.00 | $58.30M | −$58.30M | 0.22B | 1.5% | — |
| 2016 | $0.00 | $29.90M | −$29.90M | 0.21B | 14.5% | — |
| 2015 | $150.10M | $18.40M | $131.70M | 0.19B | 0.2% | 0.87% |
| 2014 | $0.00 | $23.50M | −$23.50M | 0.19B | 1.0% | — |
| 2013 | $0.00 | $19.50M | −$19.50M | 0.18B | 1.3% | — |
| 2012 | $0.00 | $14.00M | −$14.00M | 0.18B | -2.5% | — |
| 2011 | $321.10M | $24.70M | $296.40M | 0.19B | -0.5% | 4.09% |
| 2010 | $0.00 | $27.40M | −$27.40M | 0.19B | 0.8% | — |
| 2009 | $0.00 | $22.80M | −$22.80M | 0.19B | 0.2% | — |
| 2008 | $0.00 | $55.90M | −$55.90M | 0.19B | 2.3% | — |
| 2007 | $0.00 | $37.39M | −$37.39M | 0.18B | 4.7% | — |
| 2006 | $0.00 | $22.14M | −$22.14M | 0.17B | 8.3% | — |
| 2005 | $0.00 | $55.23M | −$55.23M | 0.16B | 111.1% | — |
| 2004 | $0.00 | $8.40M | −$8.40M | 0.08B | 3.6% | — |
| 2003 | $0.00 | $412.00K | −$412.00K | 0.07B | 0.1% | — |
| 2002 | $0.00 | $0.00 | $0.00 | 0.07B | -1.6% | — |
| 2001 | $72.34M | $0.00 | $72.34M | 0.07B | -0.7% | 3.77% |
| 2000 | $19.99M | $0.00 | $19.99M | 0.07B | -0.0% | — |
| 1999 | $20.72M | $0.00 | $20.72M | 0.07B | -0.2% | — |
| 1998 | $27.60M | $0.00 | $27.60M | 0.08B | -1.4% | — |
| 1997 | $60.15M | $0.00 | $60.15M | 0.08B | -0.4% | — |
| 1996 | $2.95M | $0.00 | $2.95M | 0.08B | — | — |
| 1995 | $9.94M | $0.00 | $9.94M | — | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Molson Coors Beverage (TAP) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Molson Coors Beverage (TAP)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Molson Coors Beverage (TAP)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $647.90M | +0.7% | +$4.50M | ||
| 2024 | $643.40M | +212.6% | +$437.60M | ||
| 2023 | $205.80M | +299.6% | +$154.30M | ||
| 2022 | $51.50M | — | +$51.50M | ||
| 2021 | $0 | -100.0% | -$4.10M | ||
| 2020 | $4.10M | — | +$4.10M | ||
| 2019 | $0 | — | $0 | ||
| 2018 | $0 | — | $0 | ||
| 2017 | $0 | — | $0 | ||
| 2016 | $0 | -100.0% | -$150.10M | ||
| 2015 | $150.10M | — | +$150.10M | ||
| 2014 | $0 | — | $0 | ||
| 2013 | $0 | — | $0 | ||
| 2012 | $0 | -100.0% | -$321.10M | ||
| 2011 | $321.10M | — | +$321.10M | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | — | $0 | ||
| 2007 | $0 | — | $0 | ||
| 2006 | $0 | — | $0 | ||
| 2005 | $0 | — | $0 | ||
| 2004 | $0 | — | $0 | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | -100.0% | -$72.34M | ||
| 2001 | $72.34M | +261.9% | +$52.36M | ||
| 2000 | $19.99M | -3.5% | -$733,000 | ||
| 1999 | $20.72M | -24.9% | -$6.88M | ||
| 1998 | $27.60M | -54.1% | -$32.55M | ||
| 1997 | $60.15M | +1939.0% | +$57.20M | ||
| 1996 | $2.95M | -70.3% | -$6.99M | ||
| 1995 | $9.94M | — | +$9.94M | ||
| 1994 | $0 | — | $0 | ||
| 1993 | $0 | — | $0 | ||
| 1992 | $0 | — | $0 | ||
| 1991 | $0 | — | $0 | ||
| 1990 | $0 | — | $0 | ||
| 1989 | $0 | — | — |
As of the 2025 fiscal year, Molson Coors Beverage (TAP) reported buyback spend of $647.90M – edged up 0.7% year-over-year.
Across 2020–2025 (5 years), Molson Coors Beverage buyback spend produced a CAGR of +175.3% – sustaining 4 straight years of year-over-year growth.
Across the available history, buyback spend reached its high of $647.90M in 2025 and its low of $0 in 1989.
Within Consumer Defensive, Molson Coors Beverage (TAP) ranks 7th among 8 peers we track. The peer median for buyback spend is $951.50M.
Molson Coors Beverage Buyback Spend 2025: $647.90M
Molson Coors Beverage buyback spend in 2025 was $647.90M, edged up 0.7% from 2024. This figure represents the highest annual value in the available history.
Molson Coors Beverage Buyback Spend 2024: $643.40M
Molson Coors Beverage buyback spend in 2024 was $643.40M, surged 212.6% from 2023.
Molson Coors Beverage Buyback Spend 2023: $205.80M
Molson Coors Beverage buyback spend in 2023 was $205.80M, surged 299.6% from 2022.
Molson Coors Beverage Buyback Spend 2022: $51.50M
Molson Coors Beverage buyback spend in 2022 was $51.50M.
Molson Coors Beverage Buyback Spend 2021: $0
Molson Coors Beverage buyback spend in 2021 was $0.
See more financial history for Molson Coors Beverage (TAP).
Sector peers by buyback spend
Companies in the same sector as Molson Coors Beverage, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Walmart (WMT) | $8.09B | Consumer Defensive |
| Procter & Gamble (PG) | $6.50B | Consumer Defensive |
| PepsiCo (PEP) | $1.00B | Consumer Defensive |
| Altria Group (MO) | $1.00B | Consumer Defensive |
| Costco (COST) | $903.00M | Consumer Defensive |
| Coca-Cola (KO) | $746.00M | Consumer Defensive |
| Monster Beverage (MNST) | $103.65M | Consumer Defensive |
| Philip Morris International (PM) | $0 | Consumer Defensive |
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: 32.20×.
Capital allocation mix
How Molson Coors Beverage 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.
Headroom $795.90M (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 Molson Coors Beverage'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 Molson Coors Beverage buy back its own stock?
Yes, Molson Coors Beverage (TAP) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Molson Coors Beverage spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $756.80M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Molson Coors Beverage's buyback yield?
TTM buyback yield is about 9.30% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Molson Coors Beverage's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 9.30% combined (TTM-based where available).
Is Molson Coors Beverage 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 Molson Coors Beverage's share count changed?
Diluted weighted average shares changed by about -9.7% over roughly five fiscal years (annual income statement data).
What is Molson Coors Beverage's buyback spend?
Latest reported buyback spend for Molson Coors Beverage (TAP) is $756.80M (period ending March 31, 2026).
How has Molson Coors Beverage buyback spend changed year-over-year?
Molson Coors Beverage (TAP) buyback spend changed +0.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Molson Coors Beverage buyback spend?
Molson Coors Beverage (TAP) buyback spend compound annual growth rate is +175.3% over the most recent 5 years available.
When did Molson Coors Beverage buyback spend hit its highest annual value?
Molson Coors Beverage buyback spend reached its highest annual value of $647.90M in 2025.
What was Molson Coors Beverage buyback spend in 2024?
Molson Coors Beverage (TAP) buyback spend in 2024 was $643.40M.
What was Molson Coors Beverage buyback spend in 2025?
Molson Coors Beverage (TAP) buyback spend in 2025 was $647.90M.
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