Lam Research

Name: Lam Research (LRCX) shares outstanding since 2012, split adjusted
Creator: Buyback Radar
License: https://creativecommons.org/licenses/by/4.0/

LRCX

Lam Research has retired 31.4% of its shares since 2012, from 1,823,063,620 to 1,251,321,000.

31.4%retired since 2012

11.1%last 5 years

0.4%last 12 months

1.3Bshares today

At $263.94 a share, a market value of $330.3B. FCF yield 1.5%, P/E 45.5, trailing twelve months to June 2026.

Shares outstanding, 2012 to todaysplit adjusted, from SEC filings

2012, 1,823,063,6202026-08-04, 1,251,321,000

A share bought in 2012

1.5× more of Lam Research today, without buying another share. It was one of 1,823,063,620 shares then. It is one of 1,251,321,000 now.

Every filing we read15 fiscal years, split adjusted

Fiscal year	Date	Shares outstanding	Filing
2012	2012-08-14	1,823,063,620	10-K
2013	2013-08-20	1,631,499,770	10-K
2014	2014-08-20	1,620,752,370	10-K
2015	2015-08-05	1,581,869,760	10-K
2016	2016-08-10	1,602,600,090	10-K
2017	2017-08-10	1,624,546,860	10-K
2018	2018-08-09	1,575,799,840	10-K
2019	2019-08-15	1,445,329,980	10-K
2020	2020-08-13	1,456,252,250	10-K
2021	2021-08-12	1,419,536,810	10-K
2022	2022-08-22	1,369,877,920	10-K
2023	2023-08-10	1,325,117,010	10-K
2024	2024-08-22	1,298,760,000	10-K
2025	2025-08-07	1,265,621,000	10-K
2026	2026-08-04	1,251,321,000	10-K	cover page

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

What the buybacks cost, fiscal 2013 to 2026cash flow statement against share count

$29.2Bspent on buybacks

572Mfewer shares outstanding

1.2%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 $263.94.

Lam Research buybacks, answered

Is Lam Research buying back its stock?

Only enough to stand still. The share count is roughly flat over the last twelve months, at 1,251,321,000 as of August 4, 2026. Over five years the share count is down 11.1%.

How many shares has Lam Research bought back?

Net of every new share it issued, Lam Research has 571.7 million fewer shares than at its 2012 peak. That is 31.4% of the company.

How many shares does Lam Research have outstanding?

1,251,321,000 shares, as of August 4, 2026, from the cover page of its latest 10-K. At the 2012 peak it had 1,823,063,620.

What do Lam Research's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Lam Research stock in 2012 owns 1.5 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 Lam Research compare with other cannibal stocks?

Lam Research ranks No. 255 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Alpha Metallurgical (31.6%), Medpace (31.5%), Celanese (31.3%), Vistra (31.2%).

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