Buyback Radar

Academy Sports

ASO

Academy Sports has retired 32.6% of its shares since 2021, from 91,296,308 to 61,578,891.

32.6%retired since 2021
34.1%last 5 years
7.6%last 12 months
62Mshares today
Shares outstanding, 2019 to todaysplit adjusted, from SEC filings
a quarter gone 202491M shares, 202162M2020202220242026
2019, 72,432,0002026-09-02, 61,578,891

Early years use the fiscal-year average share count from the 10-K.

A share bought in 2019
1.2× more of Academy Sports today, without buying another share. It was one of 72,432,000 shares then. It is one of 61,578,891 now.
Every filing we read8 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20192019-02-0272,432,00010-Kfiscal-year average
20202020-02-0172,477,00010-Kfiscal-year average
20212021-03-3091,296,30810-K
20222022-03-2287,145,31610-K
20232023-03-0976,954,57910-K
20242024-03-1474,405,35110-K
20252025-03-1367,004,72710-K
20262026-03-1064,383,45910-K

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

What the buybacks cost, since fiscal 2022cash flow statement against share count
$1.7Bspent on buybacks
30Mfewer shares outstanding
$56spent per share that actually disappeared
$133Mpaid in stock compensation over the same years

Part of every buyback only replaces shares handed to employees. That part costs money and retires nothing, so the cost per share that disappeared is higher than the average price the company paid.

The stock, long termprice chart by TradingView

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Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

The numbers say what happened. The story says whether it can continue. We cover companies like Academy Sports in depth on Cannibal Stocks.

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