Buyback Radar
Company reports

LPL Financial

LPLA

LPL Financial has retired 28.9% of its shares since 2011, from 110,814,426 to 78,742,290.

28.9%retired since 2011
1.8%last 5 years
1.6%last 12 months
79Mshares today
Shares outstanding, 2007 to todaysplit adjusted, from SEC filings
a quarter gone 2018111M shares, 201179M2010201520202025
2007, 86,249,6122026-07-30, 78,742,290

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

A share bought in 2007
1.1× more of LPL Financial today, without buying another share. It was one of 86,249,611 shares then. It is one of 78,742,290 now.
Every filing we read19 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20072007-12-3186,249,61210-Kcover page
20082008-12-3193,967,96710-Kcover page
20092010-03-0594,235,09010-Kcover page
20102010-12-3189,441,00010-Kfiscal-year average
20112012-02-20110,814,42610-K
20122013-02-15106,461,06110-K
20132014-02-19100,343,78810-K
20142015-02-1796,495,93610-K
20152016-02-2288,939,37610-K
20162017-02-1790,070,19410-K
20172018-02-1490,041,30910-K
20182019-02-1984,450,43910-K
20192020-02-1479,619,48510-K
20202021-02-1679,680,09910-K
20212022-02-1679,969,38110-K
20222023-02-1578,673,76610-K
20232024-02-1674,452,95010-K
20242025-02-1474,574,57610-K
20252026-02-1980,080,18110-K

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

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LPL Financial buybacks, answered

Is LPL Financial buying back its stock?

Yes. LPL Financial has 1.6% fewer shares outstanding than twelve months ago, 78,742,290 as of July 30, 2026. Over five years the share count is down 1.8%.

How many shares has LPL Financial bought back?

Net of every new share it issued, LPL Financial has 32.1 million fewer shares than at its 2011 peak. That is 28.9% of the company.

How many shares does LPL Financial have outstanding?

78,742,290 shares, as of July 30, 2026, from the cover page of its latest 10-Q. At the 2011 peak it had 110,814,426.

What do LPL Financial's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held LPL Financial stock in 2011 owns 1.4 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 LPL Financial compare with other cannibal stocks?

LPL Financial ranks No. 180 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Corpay (29.1%), Cigna (29.0%), Sysco (28.7%), Archer-Daniels-Midland (28.7%).

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

Superinvestors who own it

Tom GaynerMarkel Group559,951 shares, $157.7M, Q2 2026
Steven RomickFirst Pacific Advisors321,244 shares, $90.5M, Q2 2026
Stephen MandelLone Pine Capital1,219,099 shares, $343.4M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

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

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