Buyback Radar
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CNO Financial

CNO

CNO Financial has retired 63.2% of its shares since 2010, from 251,084,174 to 92,521,371.

The 2010 peak comes after shares sold to Paulson and in a public offering in 2009. In 2008 the count was 184,753,758, so the retirement is measured from after that issuance.

63.2%retired since 2010
25.0%last 5 years
3.0%last 12 months
93Mshares today
Shares outstanding, 2004 to todaysplit adjusted, from SEC filings
a quarter gone 2014half gone 2020251M shares, 201093M20052010201520202025
2004, 151,057,8632026-07-30, 92,521,371
A share bought in 2004
1.6× more of CNO Financial today, without buying another share. It was one of 151,057,863 shares then. It is one of 92,521,371 now.
Every filing we read22 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20042005-03-07151,057,86310-Kcover page
20052006-02-27151,520,60810-Kcover page
20062007-02-22150,931,63710-Kcover page
20072008-03-20184,655,52510-Kcover page
20082009-03-06184,753,75810-Kcover page
20092009-12-31250,786,21610-Kreview share change, capital issuance
20102011-02-11251,084,17410-K
20112012-01-31241,304,50310-K
20122013-01-31221,517,87110-K
20132014-02-12220,343,65910-K
20142015-02-11200,194,50610-K
20152016-02-09179,593,60210-K
20162017-02-09173,795,20410-K
20172018-02-08166,876,13110-K
20182019-02-08160,715,15010-K
20192020-02-10146,280,55710-K
20202021-02-09134,644,29010-K
20212022-02-09118,466,12210-K
20222023-02-08114,220,89610-K
20232024-02-07108,991,85110-K
20242025-02-05100,877,83710-K
20252026-02-1794,277,71210-K

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

What the buybacks cost, since fiscal 2011cash flow statement against share count
$3.5Bspent on buybacks
159Mfewer shares outstanding
6.6%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 $54.58.

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CNO Financial buybacks, answered

Is CNO Financial buying back its stock?

Yes. CNO Financial has 3.0% fewer shares outstanding than twelve months ago, 92,521,371 as of July 30, 2026. Over five years the share count is down 25.0%.

How many shares has CNO Financial bought back?

Net of every new share it issued, CNO Financial has 158.6 million fewer shares than at its 2010 peak. That is 63.2% of the company.

How many shares does CNO Financial have outstanding?

92,521,371 shares, as of July 30, 2026, from the cover page of its latest 10-Q. At the 2010 peak it had 251,084,174.

What do CNO Financial's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held CNO Financial stock in 2010 owns 2.7 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 CNO Financial compare with other cannibal stocks?

CNO Financial ranks No. 11 of 65 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Loews (65.7%), Ameriprise (65.4%), Voya Financial (62.5%), Assurant (62.0%).

Every answer is computed from CNO Financial'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.

The story

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

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