Welltower (WELL) Stock Buyback History
TTM buyback yield N/A.

WELL
TTM buyback yield
N/A
Shareholder yield (TTM)
N/A
5Y share count change
62.8%
TTM buyback spend
N/A
SBC coverage (TTM)
0.00x
YoY change in spend
N/A
5Y CAGR of spend
-100.0%
Peak year (2017)
$287.50M
Cumulative spend
$647.66M
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Diluted share count is up 62.8% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- Cash buyback spend has compounded at -100.0% per year over the latest 5-year window.
- TTM repurchases used about 0% 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 | $0.00 | $1.56B | −$1.56B | 0.68B | 11.6% | — |
| 2024 | $0.00 | $75.82M | −$75.82M | 0.61B | 17.4% | — |
| 2023 | $0.00 | $37.20M | −$37.20M | 0.52B | 11.5% | — |
| 2022 | $0.00 | $26.15M | −$26.15M | 0.47B | 9.0% | — |
| 2021 | $0.00 | $17.81M | −$17.81M | 0.43B | 2.3% | — |
| 2020 | $7.66M | $28.32M | −$20.66M | 0.42B | 3.4% | 0.03% |
| 2019 | $0.00 | $25.05M | −$25.05M | 0.40B | 7.6% | — |
| 2018 | $0.00 | $27.65M | −$27.65M | 0.38B | 1.7% | — |
| 2017 | $287.50M | $19.10M | $268.40M | 0.37B | 2.4% | 1.22% |
| 2016 | $0.00 | $28.87M | −$28.87M | 0.36B | 3.1% | — |
| 2015 | $0.00 | $30.84M | −$30.84M | 0.35B | 13.5% | — |
| 2014 | $0.00 | $32.08M | −$32.08M | 0.31B | 10.4% | — |
| 2013 | $0.00 | $20.18M | −$20.18M | 0.28B | 23.4% | — |
| 2012 | $275.00M | $18.52M | $256.48M | 0.23B | 29.6% | 1.73% |
| 2011 | $0.00 | $10.79M | −$10.79M | 0.17B | 36.0% | — |
| 2010 | $0.00 | $11.82M | −$11.82M | 0.13B | 11.9% | — |
| 2009 | $0.00 | $9.63M | −$9.63M | 0.11B | 21.5% | — |
| 2008 | $0.00 | $8.53M | −$8.53M | 0.09B | 18.8% | — |
| 2007 | $0.00 | $7.05M | −$7.05M | 0.08B | 28.0% | — |
| 2006 | $0.00 | $6.98M | −$6.98M | 0.06B | 13.8% | — |
| 2005 | $0.00 | $0.00 | $0.00 | 0.05B | 4.6% | — |
| 2004 | $0.00 | $0.00 | $0.00 | 0.05B | 17.8% | — |
| 2003 | $75.00M | $0.00 | $75.00M | 0.04B | 18.5% | 4.12% |
| 2002 | $0.00 | $0.00 | $0.00 | 0.04B | 20.2% | — |
| 2001 | $0.00 | $0.00 | $0.00 | 0.03B | 8.3% | — |
| 2000 | $0.00 | $0.00 | $0.00 | 0.03B | 0.8% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.03B | 9.6% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.03B | 18.3% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 0.02B | 55.6% | — |
| 1996 | $0.00 | $0.00 | $0.00 | 0.01B | — | — |
| 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 | $2.50M | $0.00 | $2.50M | — | — | — |
| 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 Welltower (WELL) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Welltower (WELL)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Welltower (WELL)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $0 | — | $0 | ||
| 2024 | $0 | — | $0 | ||
| 2023 | $0 | — | $0 | ||
| 2022 | $0 | — | $0 | ||
| 2021 | $0 | -100.0% | -$7.66M | ||
| 2020 | $7.66M | — | +$7.66M | ||
| 2019 | $0 | — | $0 | ||
| 2018 | $0 | -100.0% | -$287.50M | ||
| 2017 | $287.50M | — | +$287.50M | ||
| 2016 | $0 | — | $0 | ||
| 2015 | $0 | — | $0 | ||
| 2014 | $0 | — | $0 | ||
| 2013 | $0 | -100.0% | -$275.00M | ||
| 2012 | $275.00M | — | +$275.00M | ||
| 2011 | $0 | — | $0 | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | — | $0 | ||
| 2007 | $0 | — | $0 | ||
| 2006 | $0 | — | $0 | ||
| 2005 | $0 | — | $0 | ||
| 2004 | $0 | -100.0% | -$75.00M | ||
| 2003 | $75.00M | — | +$75.00M | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | — | $0 | ||
| 1998 | $0 | — | $0 | ||
| 1997 | $0 | — | $0 | ||
| 1996 | $0 | — | $0 | ||
| 1995 | $0 | — | $0 | ||
| 1994 | $0 | — | $0 | ||
| 1993 | $0 | — | $0 | ||
| 1992 | $0 | -100.0% | -$2.50M | ||
| 1991 | $2.50M | — | +$2.50M | ||
| 1990 | $0 | — | $0 | ||
| 1989 | $0 | — | — |
The 2025 reading of Welltower (WELL) buyback spend is $0.
Through 2020–2025 (5 years), Welltower buyback spend delivered a -100.0% annualised rate; with a net decline across the window.
Welltower buyback spend plunged from $287.50M in 2017 to $0 in 2025, a 100.0% drawdown.
$287.50M stands as the all-time-high annual buyback spend, posted in 2017, against a low of $0 during 1989.
Welltower (WELL) sits 3rd of 8 Real Estate peers we track on this metric, against a peer median of $0.
Welltower Buyback Spend 2025: $0
Welltower buyback spend in 2025 was $0.
Welltower Buyback Spend 2024: $0
Welltower buyback spend in 2024 was $0.
Welltower Buyback Spend 2023: $0
Welltower buyback spend in 2023 was $0.
Welltower Buyback Spend 2022: $0
Welltower buyback spend in 2022 was $0.
Welltower Buyback Spend 2021: $0
Welltower buyback spend in 2021 was $0.
See more financial history for Welltower (WELL).
Sector peers by buyback spend
Companies in the same sector as Welltower, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| American Tower (AMT) | $364.60M | Real Estate |
| Simon Property Group (SPG) | $227.15M | Real Estate |
| Prologis (PLD) | $0 | Real Estate |
| Equinix (EQIX) | $0 | Real Estate |
| Digital Realty Trust (DLR) | $0 | Real Estate |
| Realty Income (O) | $0 | Real Estate |
| Public Storage (PSA) | $0 | Real Estate |
| Ventas (VTR) | $0 | Real Estate |
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: 0.00×.
Capital allocation mix
How Welltower 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 $576.06M (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 Welltower'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 Welltower buy back its own stock?
Yes, Welltower (WELL) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
Is Welltower 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 Welltower's share count changed?
Diluted weighted average shares changed by about 62.8% over roughly five fiscal years (annual income statement data).
What is Welltower's buyback spend?
Latest reported buyback spend for Welltower (WELL) is $0 (period ending March 31, 2026).
What is the long-term growth rate of Welltower buyback spend?
Welltower (WELL) buyback spend compound annual growth rate is -100.0% over the most recent 5 years available.
When did Welltower buyback spend hit its highest annual value?
Welltower buyback spend reached its highest annual value of $287.50M in 2017.
What was Welltower buyback spend in 2024?
Welltower (WELL) buyback spend in 2024 was $0.
What was Welltower buyback spend in 2025?
Welltower (WELL) buyback spend in 2025 was $0.
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