General Dynamics (GD) Stock Buybacks: 37.8% of Shares Retired Since 2002

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

Shares outstanding, 1999 to todaysplit adjusted, from SEC filings

1999, 402,563,3522026-07-05, 270,557,195

A share bought in 1999

1.5× more of General Dynamics today, without buying another share. It was one of 402,563,352 shares then. It is one of 270,557,195 now.

Every filing we read27 fiscal years, split adjusted

Fiscal year	Date	Shares outstanding	Filing
1999	2000-03-06	402,563,352	10-K	cover page
2000	2001-03-08	400,737,734	10-K	cover page
2001	2002-03-07	402,571,462	10-K405	cover page
2002	2002-06-28	435,074,194	10-K	cover page
2003	2004-01-31	396,400,526	10-K	cover page
2004	2005-01-30	400,259,720	10-K	cover page
2005	2006-01-29	400,288,502	10-K	cover page
2006	2007-01-28	405,728,088	10-K	cover page
2007	2008-01-27	402,225,356	10-K	cover page
2008	2009-02-01	386,068,301	10-K	cover page
2009	2010-01-31	385,725,209	10-K
2010	2011-01-30	372,704,788	10-K
2011	2012-01-29	356,821,649	10-K
2012	2013-01-27	352,442,904	10-K
2013	2014-01-26	342,250,398	10-K
2014	2015-02-01	331,704,599	10-K
2015	2016-01-31	311,161,810	10-K
2016	2017-01-29	302,742,234	10-K
2017	2018-01-28	296,933,621	10-K
2018	2019-01-27	288,235,928	10-K
2019	2020-01-26	289,627,333	10-K
2020	2021-01-31	286,264,679	10-K
2021	2022-01-30	277,697,967	10-K
2022	2023-01-29	274,430,054	10-K
2023	2024-01-28	273,980,202	10-K
2024	2025-01-26	270,350,795	10-K
2025	2025-12-31	270,389,759	10-K

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

General Dynamics buybacks, answered

Is General Dynamics buying back its stock?

Only enough to stand still. The share count is roughly flat over the last twelve months, at 270,557,195 as of July 5, 2026. Over five years the share count is down 3.1%.

How many shares has General Dynamics bought back?

Net of every new share it issued, General Dynamics has 164.5 million fewer shares than at its 2002 peak. That is 37.8% of the company.

How many shares does General Dynamics have outstanding?

270,557,195 shares, as of July 5, 2026, from the cover page of its latest 10-Q. At the 2002 peak it had 435,074,194.

What do General Dynamics' buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held General Dynamics stock in 2002 owns 1.6 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 General Dynamics compare with other cannibal stocks?

General Dynamics ranks No. 128 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Federated Hermes (38.4%), Innoviva (38.1%), Nrg Energy (37.8%), Valvoline (37.8%).

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

Superinvestors who own it

First EagleFirst Eagle Investment Management194 shares, $69K, Q2 2026

Tom GaynerMarkel Group391,000 shares, $138.5M, Q2 2026

Richard PzenaPzena Investment Management108,574 shares, $38.5M, Q2 2026

From the latest 13F filings. All superinvestors.

General Dynamics