Visa (V) Stock Buyback History
TTM buyback yield 2.69% · Shareholder yield (TTM) 2.69%.

Visa
V
TTM buyback yield
2.69%
Shareholder yield (TTM)
2.69%
5Y share count change
-11.6%
TTM buyback spend
$18.03B
SBC coverage (TTM)
19.94x
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: 19.94x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $13.39B | $897.00M | $12.49B | 1.97B | -3.1% | 2.04% |
| 2024 | $16.71B | $850.00M | $15.86B | 2.03B | -2.7% | 3.03% |
| 2023 | $12.10B | $765.00M | $11.34B | 2.08B | -2.4% | 2.55% |
| 2022 | $11.59B | $602.00M | $10.99B | 2.14B | -2.4% | 3.08% |
| 2021 | $8.68B | $542.00M | $8.13B | 2.19B | -1.6% | 1.83% |
| 2020 | $8.11B | $416.00M | $7.70B | 2.22B | -2.2% | 1.91% |
| 2019 | $8.61B | $407.00M | $8.20B | 2.27B | -2.4% | 2.31% |
| 2018 | $7.19B | $327.00M | $6.87B | 2.33B | -2.8% | 2.15% |
| 2017 | $6.89B | $235.00M | $6.66B | 2.40B | -0.8% | 2.87% |
| 2016 | $7.16B | $221.00M | $6.94B | 2.41B | -1.8% | 3.68% |
| 2015 | $2.91B | $187.00M | $2.72B | 2.46B | -2.7% | 1.72% |
| 2014 | $4.12B | $172.00M | $3.95B | 2.52B | -3.8% | 3.12% |
| 2013 | $5.37B | $179.00M | $5.19B | 2.62B | -32.0% | 4.39% |
| 2012 | $710.00M | $147.00M | $563.00M | 3.86B | -5.7% | 0.64% |
| 2011 | $2.02B | $154.00M | $1.87B | 4.09B | -6.8% | 2.91% |
| 2010 | $1.00B | $131.00M | $869.00M | 4.38B | 44.6% | 1.24% |
| 2009 | $2.65B | $115.00M | $2.53B | 3.03B | -1.4% | 5.09% |
| 2008 | $13.45B | $74.00M | $13.37B | 3.08B | 8.0% | 31.08% |
| 2007 | $0.00 | $64.76M | −$64.76M | 2.85B | 0.0% | — |
| 2006 | $0.00 | $0.00 | $0.00 | 2.85B | 0.0% | — |
| 2005 | $0.00 | $0.00 | $0.00 | 2.85B | -4.2% | — |
| 2004 | $0.00 | $0.00 | $0.00 | 2.97B | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)99% of headroom
Headroom $18.17B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Visa buy back its own stock?
- Yes, Visa (V) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Visa spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $18.03B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Visa's buyback yield?
- TTM buyback yield is about 2.69% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Visa's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 2.69% combined (TTM-based where available).
Is Visa 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 Visa's share count changed?
- Diluted weighted average shares changed by about -11.6% over roughly five fiscal years (annual income statement data).