Adobe has retired 33.9% of its shares since 2006, from 588,456,485 to 389,200,000.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2006 | 2006-12-29 | 588,456,485 | 10-K | cover page |
| 2007 | 2007-12-28 | 568,955,874 | 10-K | cover page |
| 2008 | 2008-11-28 | 526,111,000 | 10-K | |
| 2009 | 2010-06-15 | 524,119,635 | 10-K | |
| 2010 | 2011-01-21 | 504,728,145 | 10-K | |
| 2011 | 2012-01-20 | 493,802,690 | 10-K | |
| 2012 | 2013-01-18 | 498,790,943 | 10-K | |
| 2013 | 2014-01-17 | 496,604,463 | 10-K | |
| 2014 | 2015-01-16 | 498,314,061 | 10-K | |
| 2015 | 2016-01-15 | 498,330,407 | 10-K | |
| 2016 | 2017-01-13 | 494,078,475 | 10-K | |
| 2017 | 2018-01-12 | 491,578,529 | 10-K | |
| 2018 | 2019-01-18 | 487,725,915 | 10-K | |
| 2019 | 2020-01-10 | 482,130,975 | 10-K | |
| 2020 | 2021-01-08 | 478,700,000 | 10-K | |
| 2021 | 2022-01-14 | 471,700,000 | 10-K | |
| 2022 | 2023-01-06 | 457,800,000 | 10-K | |
| 2023 | 2024-01-05 | 452,000,000 | 10-K | |
| 2024 | 2025-01-03 | 435,300,000 | 10-K | |
| 2025 | 2026-01-09 | 410,500,000 | 10-K |
Source: all 10-K filings of Adobe on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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Yes. Adobe has 7.0% fewer shares outstanding than twelve months ago, 389,200,000 as of September 18, 2026. Over five years the share count is down 18.2%.
Net of every new share it issued, Adobe has 199.3 million fewer shares than at its 2006 peak. That is 33.9% of the company.
389,200,000 shares, as of September 18, 2026, from the cover page of its latest 10-Q. At the 2006 peak it had 588,456,485.
Each share is a bigger slice of the company. Someone who held Adobe stock in 2006 owns 1.5 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Adobe ranks No. 155 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Progressive (34.1%), Cummins (33.9%), UnitedHealth (33.8%), Mastercard (33.6%).
Every answer is computed from Adobe's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
From the latest 13F filings. All superinvestors.
The numbers say what happened. The story says whether it can continue. We cover companies like Adobe in depth on Cannibal Stocks.
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