Target (TGT) Stock Buyback History
TTM buyback yield 1.35% · Shareholder yield (TTM) 1.35%.
Target
TGT
TTM buyback yield
1.35%
Shareholder yield (TTM)
1.35%
5Y share count change
-9.9%
TTM buyback spend
$658.00M
SBC coverage (TTM)
2.34x
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: 2.34x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $408.00M | $281.00M | $127.00M | 0.46B | -1.3% | 0.84% |
| 2024 | $1.01B | $304.00M | $703.00M | 0.46B | -0.2% | 1.60% |
| 2023 | $127.00M | $251.00M | −$124.00M | 0.46B | -0.4% | 0.19% |
| 2022 | $2.65B | $220.00M | $2.43B | 0.46B | -5.7% | 3.41% |
| 2021 | $7.19B | $228.00M | $6.96B | 0.49B | -2.5% | 6.94% |
| 2020 | $745.00M | $200.00M | $545.00M | 0.51B | -2.0% | 0.82% |
| 2019 | $1.56B | $147.00M | $1.42B | 0.52B | -3.3% | 2.79% |
| 2018 | $2.12B | $132.00M | $1.99B | 0.53B | -3.2% | 5.74% |
| 2017 | $1.05B | $112.00M | $934.00M | 0.55B | -5.4% | 2.62% |
| 2016 | $3.71B | $113.00M | $3.59B | 0.58B | -8.0% | 10.39% |
| 2015 | $3.48B | $115.00M | $3.37B | 0.63B | -1.1% | 7.88% |
| 2014 | $26.00M | $71.00M | −$45.00M | 0.64B | -0.3% | 0.06% |
| 2013 | $1.46B | $110.00M | $1.35B | 0.64B | -3.2% | 4.08% |
| 2012 | $1.88B | $105.00M | $1.77B | 0.66B | -3.0% | 4.73% |
| 2011 | $1.84B | $90.00M | $1.75B | 0.68B | -6.2% | 5.52% |
| 2010 | $2.45B | $109.00M | $2.34B | 0.73B | -3.4% | 6.51% |
| 2009 | $423.00M | $103.00M | $320.00M | 0.75B | -2.4% | 1.12% |
| 2008 | $2.81B | $0.00 | $2.81B | 0.77B | -9.1% | 11.99% |
| 2007 | $2.48B | $0.00 | $2.48B | 0.85B | -2.0% | 5.39% |
| 2006 | $901.00M | $0.00 | $901.00M | 0.87B | -2.3% | 1.70% |
| 2005 | $1.20B | $0.00 | $1.20B | 0.89B | -2.5% | 2.54% |
| 2004 | $1.29B | $0.00 | $1.29B | 0.91B | -11.3% | 2.94% |
| 2003 | $48.00M | $0.00 | $48.00M | 1.03B | 12.4% | 0.14% |
| 2002 | $3.00M | $0.00 | $3.00M | 0.91B | -19.1% | 0.01% |
| 2001 | $20.00M | $0.00 | $20.00M | 1.13B | 23.8% | 0.05% |
| 2000 | $585.00M | $0.00 | $585.00M | 0.91B | -1.8% | 1.76% |
| 1999 | $581.00M | $0.00 | $581.00M | 0.93B | -0.5% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.93B | 0.8% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 0.93B | -3.9% | — |
| 1996 | $0.00 | $0.00 | $0.00 | 0.96B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
| 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 | $440.00M | $0.00 | $440.00M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)75% of headroom
Headroom $877.00M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Target buy back its own stock?
- Yes, Target (TGT) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Target spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $658.00M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Target's buyback yield?
- TTM buyback yield is about 1.35% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Target's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 1.35% combined (TTM-based where available).
Is Target 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 Target's share count changed?
- Diluted weighted average shares changed by about -9.9% over roughly five fiscal years (annual income statement data).