Graphic Packaging Holding has retired 24.0% of its shares since 2011, from 389,482,398 to 296,071,573.
At $8.57 a share, a market value of $2.5B. P/E 13.1, trailing twelve months to June 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2008 | 2009-02-27 | 342,568,704 | 10-K | cover page |
| 2009 | 2010-02-19 | 343,247,088 | 10-K | cover page |
| 2010 | 2010-12-31 | 343,698,778 | 10-K/A | |
| 2011 | 2012-02-17 | 389,482,398 | 10-K/A | |
| 2012 | 2013-02-01 | 344,534,039 | 10-K | |
| 2013 | 2014-01-31 | 324,746,642 | 10-K | |
| 2014 | 2015-01-30 | 327,044,500 | 10-K | |
| 2015 | 2016-02-10 | 323,007,535 | 10-K | |
| 2016 | 2017-02-06 | 312,090,853 | 10-K | |
| 2017 | 2018-02-05 | 309,715,624 | 10-K | |
| 2018 | 2019-02-11 | 297,193,911 | 10-K | |
| 2019 | 2020-02-07 | 290,324,561 | 10-K | |
| 2020 | 2021-02-12 | 267,755,764 | 10-K | |
| 2021 | 2022-02-21 | 307,103,551 | 10-K | |
| 2022 | 2023-02-08 | 307,122,132 | 10-K | |
| 2023 | 2024-02-20 | 306,053,777 | 10-K | |
| 2024 | 2025-02-11 | 300,214,465 | 10-K | |
| 2025 | 2026-02-27 | 295,740,911 | 10-K |
Source: all 10-K filings of Graphic Packaging Holding 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 $8.57.
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Only enough to stand still. The share count is roughly flat over the last twelve months, at 296,071,573 as of August 3, 2026. Over five years the share count is down 3.6%.
Net of every new share it issued, Graphic Packaging Holding has 93.4 million fewer shares than at its 2011 peak. That is 24.0% of the company.
296,071,573 shares, as of August 3, 2026, from the cover page of its latest 10-Q. At the 2011 peak it had 389,482,398.
Each share is a bigger slice of the company. Someone who held Graphic Packaging Holding stock in 2011 owns 1.3 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Graphic Packaging Holding ranks No. 336 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Wyndham Hotels & Resorts (24.2%), Everforth (24.1%), WEX (24.0%), Exelixis (23.5%).
Every answer is computed from Graphic Packaging Holding's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
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