Buyback Radar
Company reports

Ipg Photonics

IPGP

Ipg Photonics has retired 21.3% of its shares since 2017, from 54,056,120 to 42,534,539.

21.3%retired since 2017
20.2%last 5 years
-1.0%last 12 months
43Mshares today
Shares outstanding, 2006 to todaysplit adjusted, from SEC filings
54M shares, 201743M2010201520202025
2006, 42,916,5322026-08-03, 42,534,539
A share bought in 2006
1.0× more of Ipg Photonics today, without buying another share. It was one of 42,916,532 shares then. It is one of 42,534,539 now.
Every filing we read20 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20062007-03-2342,916,53210-Kcover page
20072008-02-2944,093,45510-Kcover page
20082009-03-0445,348,30810-Kcover page
20092010-03-0846,105,85410-Kcover page
20102010-12-3146,988,56610-K
20112012-02-2347,680,51910-K
20122013-02-2551,415,58510-K
20132014-02-2551,954,97810-K
20142015-02-2452,482,51210-K
20152016-02-2452,887,73410-K
20162017-02-2253,517,14910-K
20172018-02-2254,056,12010-K
20182019-02-2452,962,00910-K
20192020-02-2153,058,72610-K
20202021-02-1953,533,59210-K
20212022-02-1852,939,38310-K
20222023-02-2447,627,14310-K
20232024-02-2046,098,13310-K
20242025-02-1842,548,56110-K
20252026-02-2042,191,35310-K/A

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

What the buybacks cost, since fiscal 2018cash flow statement against share count
$1.5Bspent on buybacks
12Mfewer shares outstanding
$104average price paid per share bought back
1.8%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 $71.01.

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Ipg Photonics buybacks, answered

Is Ipg Photonics buying back its stock?

Not on a net basis. Ipg Photonics has 1.0% more shares outstanding than twelve months ago. Whatever it bought back did not cover the new shares it issued. Over five years the share count is down 20.2%.

How many shares has Ipg Photonics bought back?

Net of every new share it issued, Ipg Photonics has 11.5 million fewer shares than at its 2017 peak. That is 21.3% of the company. Since fiscal 2018 alone it bought back about 14.5 million shares, while the count fell by 10.4 million. The difference went to employees and other new shares.

How many shares does Ipg Photonics have outstanding?

42,534,539 shares, as of August 3, 2026, from the cover page of its latest 10-Q. At the 2017 peak it had 54,056,120.

What do Ipg Photonics' buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Ipg Photonics stock in 2017 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.

How does Ipg Photonics compare with other cannibal stocks?

Ipg Photonics ranks No. 210 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Genuine Parts (22.0%), Upbound Group (21.8%), Bright Horizons Family Solutions (21.1%), Rave Restaurant Group (21.1%).

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

Superinvestors who own it

First EagleFirst Eagle Investment Management6,677,762 shares, $783.4M, Q2 2026
Chuck RoyceRoyce & Associates160,853 shares, $18.9M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

PEELER JOHN RDirector2026-08-26, 2,710 shares at $73.58 $199K total

The story

The numbers say what happened. The story says whether it can continue. We cover companies like Ipg Photonics in depth on Cannibal Stocks.

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