Blackbaud has retired 15.1% of its shares since 2023, from 53,475,414 to 45,390,097.
At $51.65 a share, a market value of $2.3B. FCF yield 14.0%, P/E 15.6, trailing twelve months to June 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2004 | 2005-03-09 | 42,978,275 | 10-K | cover page |
| 2005 | 2006-03-01 | 43,476,049 | 10-K | cover page |
| 2006 | 2007-02-20 | 44,328,585 | 10-K | cover page |
| 2007 | 2008-02-25 | 45,048,259 | 10-K | cover page |
| 2008 | 2009-02-25 | 43,804,330 | 10-K | cover page |
| 2009 | 2010-02-12 | 44,551,083 | 10-K | cover page |
| 2010 | 2011-02-15 | 44,499,888 | 10-K | |
| 2011 | 2012-02-10 | 44,940,623 | 10-K | |
| 2012 | 2013-02-12 | 45,630,704 | 10-K/A | |
| 2013 | 2014-02-12 | 46,119,969 | 10-K | |
| 2014 | 2015-02-12 | 46,310,092 | 10-K | |
| 2015 | 2016-02-08 | 46,971,656 | 10-K | |
| 2016 | 2017-02-06 | 47,532,014 | 10-K | |
| 2017 | 2018-02-05 | 48,078,048 | 10-K | |
| 2018 | 2019-02-04 | 48,568,295 | 10-K | |
| 2019 | 2020-02-05 | 49,142,338 | 10-K | |
| 2020 | 2021-02-10 | 48,381,440 | 10-K | |
| 2021 | 2022-02-22 | 51,966,285 | 10-K | |
| 2022 | 2023-02-17 | 53,215,892 | 10-K | |
| 2023 | 2024-02-14 | 53,475,414 | 10-K | |
| 2024 | 2024-12-31 | 49,236,495 | 10-K/A | |
| 2025 | 2026-02-09 | 45,933,454 | 10-K |
Source: all 10-K filings of Blackbaud on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
The story
Every Monday we write about one of these companies.
Read the full storyCash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $51.65.
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Yes. Blackbaud has 5.1% fewer shares outstanding than twelve months ago, 45,390,097 as of July 27, 2026. Over five years the share count is down 5.8%.
Net of every new share it issued, Blackbaud has 8.1 million fewer shares than at its 2023 peak. That is 15.1% of the company.
45,390,097 shares, as of July 27, 2026, from the cover page of its latest 10-Q. At the 2023 peak it had 53,475,414.
Each share is a bigger slice of the company. Someone who held Blackbaud stock in 2023 owns 1.2 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Blackbaud ranks No. 425 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: PagerDuty (15.2%), Borgwarner (15.1%), Lazard (14.8%), InvenTrust Properties (14.8%).
Every answer is computed from Blackbaud's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
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