Lennar (LEN) Stock Buybacks: 25.3% of Shares Retired Since 2019

Name: Lennar (LEN) shares outstanding since 2004, split adjusted
Creator: Buyback Radar
License: https://creativecommons.org/licenses/by/4.0/

Shares outstanding, 2004 to todaysplit adjusted, from SEC filings

2004, 155,150,5072026-08-31, 237,900,239

Early years use the fiscal-year average share count from the 10-K.

A share bought in 2018

1.3× more of Lennar today, without buying another share. It was one of 307,968,000 shares then. It is one of 237,900,239 now.

Every filing we read18 fiscal years, split adjusted

Fiscal year	Date	Shares outstanding	Filing
2004	2005-01-31	155,150,507	10-K	cover page
2005	2006-01-31	158,812,956	10-K	cover page
2006	2007-01-31	158,537,402	10-K	cover page
2007	2007-12-31	159,900,537	10-K	cover page
2008	2008-12-31	160,535,275	10-K	cover page
2009	2009-12-31	184,894,830	10-K	cover page
2014	2014-11-30	202,209,000	10-K	fiscal-year average
2015	2015-11-30	209,847,000	10-K	fiscal-year average
2016	2016-11-30	223,079,000	10-K	fiscal-year average
2017	2017-11-30	237,155,000	10-K	fiscal-year average
2018	2018-11-30	307,968,000	10-K	fiscal-year average
2019	2019-11-30	318,419,000	10-K	fiscal-year average
2020	2020-11-30	309,406,000	10-K	fiscal-year average
2021	2021-11-30	306,612,000	10-K	fiscal-year average
2022	2022-11-30	289,824,000	10-K	fiscal-year average
2023	2023-11-30	283,319,000	10-K	fiscal-year average
2024	2024-11-30	272,019,000	10-K	fiscal-year average
2025	2025-11-30	257,746,000	10-K	fiscal-year average

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

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Lennar buybacks, answered

Is Lennar buying back its stock?

Yes. Lennar has 7.7% fewer shares outstanding than twelve months ago, 237,900,239 as of August 31, 2026. Over five years the share count is down 22.4%.

How many shares has Lennar bought back?

Net of every new share it issued, Lennar has 80.5 million fewer shares than at its 2019 peak. That is 25.3% of the company.

How many shares does Lennar have outstanding?

237,900,239 shares, as of August 31, 2026, from the cover page of its latest 10-Q. At the 2019 peak it had 318,419,000.

What do Lennar's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Lennar stock in 2019 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 Lennar compare with other cannibal stocks?

Lennar ranks No. 202 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Fedex (25.4%), Pnc Financial Services Group (25.3%), Zimmer Biomet (23.1%), PepsiCo (22.8%).

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

Insider buying, last 12 months

BERKSHIRE HATHAWAY INC; BUFFETT WARREN E10% owner2026-10-02, 1,708,095 shares at $79.44 $135.7M total

BERKSHIRE HATHAWAY INC; BUFFETT WARREN E10% owner2026-10-01, 710,542 shares at $80.14 $56.9M total

BERKSHIRE HATHAWAY INC; BUFFETT WARREN E10% owner2026-09-30, 642,821 shares at $81.58 $52.4M total

BERKSHIRE HATHAWAY INC; BUFFETT WARREN E10% owner2026-09-29, 12,389 shares at $81.93 $1.0M total

BERKSHIRE HATHAWAY INC; BUFFETT WARREN E10% owner2026-09-28, 5,200 shares at $81.96 $426K total

BERKSHIRE HATHAWAY INC; BUFFETT WARREN E10% owner2026-09-25, 492,124 shares at $81.12 $39.9M total

BERKSHIRE HATHAWAY INC; BUFFETT WARREN E10% owner2026-09-24, 653,320 shares at $80.88 $52.8M total

BERKSHIRE HATHAWAY INC; BUFFETT WARREN E10% owner2026-09-23, 534,256 shares at $81.65 $43.6M total

The story

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