Johnson & Johnson (JNJ) Stock Buybacks: 20.9% of Shares Retired Since 2001

Name: Johnson & Johnson (JNJ) 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, 2,691,179,7662026-07-17, 2,409,898,597

A share bought in 1999

1.1× more of Johnson & Johnson today, without buying another share. It was one of 2,691,179,766 shares then. It is one of 2,409,898,597 now.

Every filing we read26 fiscal years, split adjusted

Fiscal year	Date	Shares outstanding	Filing
1999	1999-02-23	2,691,179,766	10-K	cover page
2000	2000-02-22	2,779,871,300	10-K405	cover page
2001	2002-02-26	3,047,147,480	10-K	cover page
2002	2003-02-25	2,969,972,365	10-K	cover page
2003	2004-02-24	2,967,840,022	10-K	cover page
2005	2005-03-01	2,973,666,464	10-K	cover page
2006	2006-02-28	2,976,068,976	10-K	cover page
2007	2008-02-15	2,832,602,429	10-K	cover page
2008	2009-02-09	2,765,804,457	10-K	cover page
2010	2010-02-08	2,751,927,062	10-K
2011	2011-02-15	2,735,213,719	10-K
2012	2012-02-17	2,745,078,671	10-K
2013	2013-02-19	2,795,319,117	10-K
2014	2014-02-18	2,828,901,694	10-K
2015	2015-02-17	2,780,488,708	10-K
2016	2016-02-19	2,759,359,192	10-K
2017	2017-02-23	2,713,346,602	10-K
2018	2018-02-16	2,682,901,553	10-K
2019	2019-02-15	2,663,138,579	10-K
2020	2020-02-10	2,634,721,257	10-K
2021	2021-02-16	2,628,679,824	10-K
2022	2022-02-10	2,629,268,158	10-K
2023	2023-02-10	2,604,286,303	10-K
2024	2024-02-09	2,408,767,228	10-K
2025	2025-02-06	2,407,616,693	10-K
2026	2026-02-06	2,409,898,936	10-K

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

Johnson & Johnson buybacks, answered

Is Johnson & Johnson buying back its stock?

Only enough to stand still. The share count is roughly flat over the last twelve months, at 2,409,898,597 as of July 17, 2026. Over five years the share count is down 8.5%.

How many shares has Johnson & Johnson bought back?

Net of every new share it issued, Johnson & Johnson has 637.2 million fewer shares than at its 2001 peak. That is 20.9% of the company.

How many shares does Johnson & Johnson have outstanding?

2,409,898,597 shares, as of July 17, 2026, from the cover page of its latest 10-Q. At the 2001 peak it had 3,047,147,480.

What do Johnson & Johnson's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Johnson & Johnson stock in 2001 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 Johnson & Johnson compare with other cannibal stocks?

Johnson & Johnson ranks No. 214 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Rave Restaurant Group (21.1%), IQVIA (21.0%), Morgan Stanley (20.6%), Baxter International (20.4%).

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

Insider buying, last 12 months

MORIKIS JOHN GDirector2025-11-26, 1,250 shares at $206.15 $258K total

The story

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

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