Grand Canyon Education has retired 46.0% of its shares since 2017, from 48,292,274 to 26,065,037.
At $161.58 a share, a market value of $4.2B. FCF yield 5.8%, P/E 18.8, trailing twelve months to June 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2008 | 2008-06-30 | 45,465,160 | 10-K | cover page |
| 2009 | 2009-06-30 | 45,658,016 | 10-K | cover page |
| 2010 | 2010-12-31 | 45,761,000 | 10-K | |
| 2011 | 2012-02-14 | 44,300,233 | 10-K | |
| 2012 | 2013-02-11 | 44,657,860 | 10-K | |
| 2013 | 2014-02-13 | 46,049,380 | 10-K | |
| 2014 | 2015-02-12 | 46,749,781 | 10-K | |
| 2015 | 2016-02-12 | 46,486,319 | 10-K | |
| 2016 | 2017-02-10 | 47,742,773 | 10-K | |
| 2017 | 2018-02-16 | 48,292,274 | 10-K | |
| 2018 | 2019-02-15 | 48,238,418 | 10-K | |
| 2019 | 2020-02-14 | 48,165,704 | 10-K | |
| 2020 | 2021-02-12 | 46,873,732 | 10-K | |
| 2021 | 2022-02-14 | 35,326,730 | 10-K | |
| 2022 | 2023-02-14 | 31,039,407 | 10-K | |
| 2023 | 2024-02-08 | 30,018,616 | 10-K | |
| 2024 | 2025-02-14 | 28,724,845 | 10-K | |
| 2025 | 2026-02-13 | 27,143,454 | 10-K |
Source: all 10-K filings of Grand Canyon Education 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 storyCash 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 $161.58.
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Yes. Grand Canyon Education has 6.8% fewer shares outstanding than twelve months ago, 26,065,037 as of July 28, 2026. Over five years the share count is down 35.0%.
Net of every new share it issued, Grand Canyon Education has 22.2 million fewer shares than at its 2017 peak. That is 46.0% of the company.
26,065,037 shares, as of July 28, 2026, from the cover page of its latest 10-Q. At the 2017 peak it had 48,292,274.
Each share is a bigger slice of the company. Someone who held Grand Canyon Education stock in 2017 owns 1.9 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Grand Canyon Education ranks No. 121 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Cisco (46.2%), Moody's (46.2%), RCM Technologies (46.0%), Fti Consulting (46.0%).
Every answer is computed from Grand Canyon Education's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
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