Applied Materials (AMAT) Stock Buybacks: 52.8% of Shares Retired Since 2003

Name: Applied Materials (AMAT) shares outstanding since 1999, split adjusted
Creator: Buyback Radar
License: https://creativecommons.org/licenses/by/4.0/

Shares outstanding, 1999 to todaysplit adjusted, from SEC filings

1999, 1,543,014,3402026-07-26, 793,597,443

A share bought in 1999

1.9× more of Applied Materials today, without buying another share. It was one of 1,543,014,340 shares then. It is one of 793,597,443 now.

Every filing we read26 fiscal years, split adjusted

Fiscal year	Date	Shares outstanding	Filing
1999	2000-01-02	1,543,014,340	10-K405	cover page
2000	2000-12-24	1,618,427,064	10-K405	cover page
2001	2001-12-23	1,638,004,786	10-K	cover page
2003	2003-12-26	1,681,469,908	10-K	cover page
2004	2004-11-28	1,679,234,804	10-K	cover page
2005	2005-11-27	1,606,934,422	10-K	cover page
2006	2006-11-26	1,392,743,007	10-K	cover page
2007	2007-11-27	1,382,752,583	10-K	cover page
2008	2008-10-26	1,330,761,000	10-K/A
2009	2009-11-20	1,341,259,033	10-K/A
2010	2010-11-19	1,327,685,208	10-K
2011	2011-11-20	1,305,637,099	10-K
2012	2012-11-21	1,197,659,704	10-K
2013	2013-11-21	1,204,183,467	10-K
2014	2014-12-12	1,221,471,983	10-K
2015	2015-12-03	1,149,133,389	10-K
2016	2016-12-08	1,076,570,134	10-K
2017	2017-12-08	1,056,340,714	10-K
2018	2018-12-07	958,606,093	10-K
2019	2019-12-06	915,304,098	10-K
2020	2020-12-04	914,344,189	10-K
2021	2021-12-10	888,513,248	10-K
2022	2022-12-09	844,139,722	10-K
2023	2023-12-08	831,067,105	10-K
2024	2024-12-06	813,684,638	10-K
2025	2025-12-05	792,943,366	10-K

Source: all 10-K filings of Applied Materials on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

Applied Materials buybacks, answered

Is Applied Materials buying back its stock?

Only enough to stand still. The share count is roughly flat over the last twelve months, at 793,597,443 as of July 26, 2026. Over five years the share count is down 10.7%.

How many shares has Applied Materials bought back?

Net of every new share it issued, Applied Materials has 887.9 million fewer shares than at its 2003 peak. That is 52.8% of the company. Since fiscal 2007 alone it bought back about 818.2 million shares, while the count fell by 589.2 million. The difference went to employees and other new shares.

How many shares does Applied Materials have outstanding?

793,597,443 shares, as of July 26, 2026, from the cover page of its latest 10-Q. At the 2003 peak it had 1,681,469,908.

What do Applied Materials' buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Applied Materials stock in 2003 owns 2.1 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does Applied Materials compare with other cannibal stocks?

Applied Materials ranks No. 48 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Crocs (53.2%), Spectrum Brands (52.9%), Primerica (52.6%), Covista (52.3%).

Every answer is computed from Applied Materials' own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.