Dover

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

DOV

Dover has retired 34.2% of its shares since 2006, from 204,703,863 to 134,680,225.

34.2%retired since 2006

6.5%last 5 years

1.8%last 12 months

135Mshares today

At $195.80 a share, a market value of $26.4B. FCF yield 4.5%, P/E 23.2, trailing twelve months to June 2026.

Shares outstanding, 1999 to todaysplit adjusted, from SEC filings

1999, 202,911,8372026-07-17, 134,680,225

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

A share bought in 1999

1.5× more of Dover today, without buying another share. It was one of 202,911,837 shares then. It is one of 134,680,225 now.

Every filing we read27 fiscal years, split adjusted

Fiscal year	Date	Shares outstanding	Filing
1999	2000-02-29	202,911,837	10-K	cover page
2000	2001-02-28	203,297,745	10-K	cover page
2001	2002-02-28	202,673,851	10-K	cover page
2002	2003-03-05	202,522,178	10-K	cover page
2003	2004-02-18	203,172,389	10-K	cover page
2004	2005-02-28	203,697,833	10-K	cover page
2005	2006-02-24	203,302,588	10-K	cover page
2006	2007-02-22	204,703,863	10-K	cover page
2007	2008-02-22	191,926,458	10-K	cover page
2008	2009-02-12	186,013,754	10-K	cover page
2009	2010-02-11	187,232,126	10-K
2010	2010-12-31	186,897,000	10-K	fiscal-year average
2011	2012-02-03	183,656,719	10-K
2012	2013-02-08	174,679,432	10-K
2013	2014-02-06	170,017,999	10-K
2014	2015-02-06	163,045,137	10-K
2015	2016-01-29	155,009,407	10-K
2016	2017-01-27	155,502,313	10-K
2017	2018-01-26	154,424,436	10-K/A
2018	2019-02-01	144,940,620	10-K
2019	2020-02-04	144,328,014	10-K
2020	2021-02-02	143,649,247	10-K
2021	2022-02-01	144,054,607	10-K
2022	2023-01-31	139,713,200	10-K
2023	2024-01-29	139,896,670	10-K
2024	2025-02-03	137,225,409	10-K
2025	2026-02-02	134,866,626	10-K

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

What the buybacks cost, fiscal 2007 to 2025cash flow statement against share count

$6.7Bspent on buybacks

70Mfewer shares outstanding

2.1%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 $195.80.

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Dover buybacks, answered

Is Dover buying back its stock?

Yes. Dover has 1.8% fewer shares outstanding than twelve months ago, 134,680,225 as of July 17, 2026. Over five years the share count is down 6.5%.

How many shares has Dover bought back?

Net of every new share it issued, Dover has 70.0 million fewer shares than at its 2006 peak. That is 34.2% of the company.

How many shares does Dover have outstanding?

134,680,225 shares, as of July 17, 2026, from the cover page of its latest 10-Q. At the 2006 peak it had 204,703,863.

What do Dover's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Dover stock in 2006 owns 1.5 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 Dover compare with other cannibal stocks?

Dover ranks No. 227 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Progressive (34.2%), NIKE (34.2%), Reliance (34.2%), Zebra Technologies (34.2%).

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