Buyback Radar
Company reports

Credit Acceptance

CACC

Credit Acceptance has retired 76.9% of its shares since 1999, from 44,916,654 to 10,380,580.

76.9%retired since 1999
28.6%last 5 years
5.9%last 12 months
10Mshares today

At $540.98 a share, a market value of $5.6B. P/E 11.2, trailing twelve months to June 2026.

Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
a quarter gone 2005half gone 2014three quarters gone 202445M shares, 199910M200020052010201520202025
1999, 44,916,6542026-07-23, 10,380,580
A share bought in 1999
4.3× more of Credit Acceptance today, without buying another share. It was one of 44,916,654 shares then. It is one of 10,380,580 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19992000-03-2244,916,65410-K405cover page
20002001-03-1642,319,78710-K405cover page
20012002-02-2842,649,69910-Kcover page
20022003-02-2842,331,61510-Kcover page
20032004-01-3139,663,69010-Kcover page
20042005-12-3137,027,28610-Kcover page
20052006-02-2837,087,68610-Kcover page
20062007-02-2830,250,18710-Kcover page
20072008-02-2930,378,10210-Kcover page
20082009-02-2030,747,01810-Kcover page
20092010-02-1931,294,76110-Kcover page
20102010-12-3127,304,00010-K
20112012-02-1525,622,48010-K
20122013-02-1523,949,96710-K
20132014-02-0722,947,17010-K
20142015-02-0522,947,17010-K
20152016-02-0520,132,94510-K
20162017-02-0319,877,85610-K
20172018-02-0219,310,04910-K
20182019-02-0118,780,28710-K
20192020-02-0418,151,09210-K
20202021-02-0416,818,93310-K/A
20212022-02-0314,114,35510-K
20222023-02-0312,833,38810-K
20232024-02-0112,302,95510-K
20242025-02-0412,031,64710-K
20252026-02-0610,747,68210-K

Source: all 10-K filings of Credit Acceptance 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 story
What the buybacks cost, fiscal 2009 to 2025cash flow statement against share count
$5.7Bspent on buybacks
20Mfewer shares outstanding
$252average price paid per share bought back
12.9%buyback yield, last fiscal year’s spend on today’s market value

Cash 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 $540.98.

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Credit Acceptance buybacks, answered

Is Credit Acceptance buying back its stock?

Yes. Credit Acceptance has 5.9% fewer shares outstanding than twelve months ago, 10,380,580 as of July 23, 2026. Over five years the share count is down 28.6%.

How many shares has Credit Acceptance bought back?

Net of every new share it issued, Credit Acceptance has 34.5 million fewer shares than at its 1999 peak. That is 76.9% of the company. Since fiscal 2009 alone it bought back about 22.6 million shares, while the count fell by 20.9 million. The difference went to employees and other new shares.

How many shares does Credit Acceptance have outstanding?

10,380,580 shares, as of July 23, 2026, from the cover page of its latest 10-Q. At the 1999 peak it had 44,916,654.

What do Credit Acceptance's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Credit Acceptance stock in 1999 owns 4.3 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 Credit Acceptance compare with other cannibal stocks?

Credit Acceptance ranks No. 7 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: White Mountains (78.0%), Assured Guaranty (77.4%), Navient (76.6%), DaVita (74.3%).

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

Insider buying, last 12 months

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

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