Warner Bros. Discovery (WBD) Stock Buyback History
TTM buyback yield N/A.
TTM buyback yield
N/A
Shareholder yield (TTM)
N/A
5Y share count change
273.7%
TTM buyback spend
N/A
SBC coverage (TTM)
0.00x
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: 0.00x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | 2.53B | 3.3% | — |
| 2024 | $0.00 | $557.00M | −$557.00M | 2.45B | 0.6% | — |
| 2023 | $0.00 | $500.00M | −$500.00M | 2.44B | 25.6% | — |
| 2022 | $0.00 | $412.00M | −$412.00M | 1.94B | 190.4% | — |
| 2021 | $0.00 | $178.00M | −$178.00M | 0.67B | -1.3% | — |
| 2020 | $969.00M | $110.00M | $859.00M | 0.68B | -5.6% | 6.59% |
| 2019 | $633.00M | $142.00M | $491.00M | 0.72B | 4.2% | 3.67% |
| 2018 | $0.00 | $80.00M | −$80.00M | 0.69B | 19.4% | — |
| 2017 | $603.00M | $39.00M | $564.00M | 0.58B | -5.6% | 7.07% |
| 2016 | $1.43B | $69.00M | $1.36B | 0.61B | -7.0% | 13.28% |
| 2015 | $957.00M | $35.00M | $922.00M | 0.66B | -4.5% | 8.38% |
| 2014 | $1.42B | $78.00M | $1.34B | 0.69B | -4.8% | 9.34% |
| 2013 | $1.30B | $190.00M | $1.11B | 0.72B | -2.7% | 8.66% |
| 2012 | $1.38B | $154.00M | $1.23B | 0.74B | -8.4% | 12.31% |
| 2011 | $997.00M | $99.00M | $898.00M | 0.81B | -5.6% | 12.70% |
| 2010 | $605.00M | $182.00M | $423.00M | 0.86B | 0.9% | 4.94% |
| 2009 | $0.00 | $228.00M | −$228.00M | 0.85B | 32.0% | — |
| 2008 | $0.00 | $66.00M | −$66.00M | 0.64B | 14.6% | — |
| 2007 | $0.00 | $0.00 | $0.00 | 0.56B | -2.3% | — |
| 2006 | $0.00 | $0.00 | $0.00 | 0.57B | 2.6% | — |
| 2005 | $0.00 | $0.00 | $0.00 | 0.56B | 0.0% | — |
| 2004 | $0.00 | $0.00 | $0.00 | 0.56B | 0.0% | — |
| 2003 | $0.00 | $0.00 | $0.00 | 0.56B | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)0% of headroom
Headroom $3.09B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Warner Bros. Discovery buy back its own stock?
- Yes, Warner Bros. Discovery (WBD) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
Is Warner Bros. Discovery 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 Warner Bros. Discovery's share count changed?
- Diluted weighted average shares changed by about 273.7% over roughly five fiscal years (annual income statement data).