Buyback Radar
Company reports

Harley-Davidson

HOG

Harley-Davidson has retired 65.9% of its shares since 2002, from 304,919,800 to 104,072,507.

65.9%retired since 2002
32.4%last 5 years
11.9%last 12 months
104Mshares today

At $26.76 a share, a market value of $2.8B. P/E 13.7, trailing twelve months to June 2026.

Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
a quarter gone 2011half gone 2021305M shares, 2002104M200020052010201520202025
1999, 303,297,6162026-07-31, 104,072,507
A share bought in 1999
2.9× more of Harley-Davidson today, without buying another share. It was one of 303,297,616 shares then. It is one of 104,072,507 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19992000-03-17303,297,61610-K405cover page
20002001-03-19302,102,92310-K405cover page
20012002-03-18302,766,93910-K405cover page
20022003-03-17304,919,80010-Kcover page
20032004-03-04294,431,68110-Kcover page
20042005-03-07291,972,46710-Kcover page
20052006-02-21272,533,37310-Kcover page
20062007-02-19257,553,21610-Kcover page
20072008-02-18238,500,40910-Kcover page
20082009-02-10233,590,26710-Kcover page
20092010-02-01234,304,38310-K
20102011-01-31235,521,69310-K
20112012-01-31230,497,18510-K
20122013-01-31226,249,77410-K
20132014-01-31220,051,96010-K
20142015-01-30211,524,47810-K
20152016-01-29184,026,02610-K
20162017-01-27176,343,18910-K
20172018-02-02168,413,67910-K
20182019-02-01159,543,95510-K
20192020-01-31152,807,93010-K
20202021-01-31153,313,45010-K
20212022-01-30153,880,57010-K
20222023-01-27146,189,63210-K
20232024-01-31136,562,85610-K
20242025-01-31124,536,85010-K
20252026-01-30111,850,56310-K

Source: all 10-K filings of Harley-Davidson 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 story
What the buybacks cost, fiscal 2007 to 2025cash flow statement against share count
$7.7Bspent on buybacks
146Mfewer shares outstanding
12.7%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 $26.76.

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Harley-Davidson buybacks, answered

Is Harley-Davidson buying back its stock?

Yes. Harley-Davidson has 11.9% fewer shares outstanding than twelve months ago, 104,072,507 as of July 31, 2026. Over five years the share count is down 32.4%.

How many shares has Harley-Davidson bought back?

Net of every new share it issued, Harley-Davidson has 200.8 million fewer shares than at its 2002 peak. That is 65.9% of the company.

How many shares does Harley-Davidson have outstanding?

104,072,507 shares, as of July 31, 2026, from the cover page of its latest 10-Q. At the 2002 peak it had 304,919,800.

What do Harley-Davidson's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Harley-Davidson stock in 2002 owns 2.9 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 Harley-Davidson compare with other cannibal stocks?

Harley-Davidson ranks No. 23 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Elevance Health (67.0%), Employers (66.4%), Loews (65.7%), Ameriprise (65.4%).

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

Insider buying, last 12 months

Littleton GayleCLO, CCO, CAO & Corp Sec2026-08-11, 7,500 shares at $26.38 $198K total
Starrs ArtieDirector; President & CEO2026-08-10, 10,000 shares at $25.89 $259K total
NOVA DANIEL JDirector2026-07-31, 40,000 shares at $24.57 $983K total
Starrs ArtieDirector; President & CEO2026-03-09, 15,000 shares at $19.10 $286K total
Flees Lori AnnDirector2026-03-09, 4,000 shares at $18.89 $76K total
Masood RafehDirector2026-02-27, 2,775 shares at $18.00 $50K total

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