Gates Industrial has retired 13.1% of its shares since 2021, from 291,345,897 to 253,151,170.
At $25.83 a share, a market value of $6.5B. FCF yield 6.2%, P/E 18.0, trailing twelve months to June 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2017 | 2017-12-30 | 245,474,605 | 10-K | |
| 2018 | 2019-02-07 | 289,890,932 | 10-K | |
| 2019 | 2020-02-17 | 290,465,572 | 10-K | |
| 2020 | 2021-02-05 | 290,853,067 | 10-K | |
| 2021 | 2022-02-04 | 291,345,897 | 10-K | |
| 2022 | 2023-02-06 | 282,603,630 | 10-K | |
| 2023 | 2024-02-05 | 264,271,455 | 10-K | |
| 2024 | 2025-02-03 | 255,413,513 | 10-K | |
| 2025 | 2026-02-10 | 253,855,699 | 10-K |
Source: all 10-K filings of Gates Industrial on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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 $25.83.
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Yes. Gates Industrial has 2.0% fewer shares outstanding than twelve months ago, 253,151,170 as of July 29, 2026. Over five years the share count is down 13.3%.
Net of every new share it issued, Gates Industrial has 38.2 million fewer shares than at its 2021 peak. That is 13.1% of the company. Since fiscal 2022 alone it bought back about 50.6 million shares, while the count fell by 29.5 million. The difference went to employees and other new shares.
253,151,170 shares, as of July 29, 2026, from the cover page of its latest 10-Q. At the 2021 peak it had 291,345,897.
Each share is a bigger slice of the company. Someone who held Gates Industrial stock in 2021 owns 1.2 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Gates Industrial ranks No. 438 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Interface (13.2%), Align Technology (13.1%), Openlane (13.1%), G Iii Apparel Group (12.8%).
Every answer is computed from Gates Industrial's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
The numbers say what happened. The story says whether it can continue. We cover companies like Gates Industrial in depth on Cannibal Stocks.
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