Mastercard has retired 33.6% of its shares since 2010, from 1,310,000,000 to 869,464,115.
Early years use the fiscal-year average share count from the 10-K.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2002 | 2003-02-28 | 1,000,000,000 | 10-K | cover page |
| 2003 | 2004-02-24 | 1,000,000,000 | 10-K | cover page |
| 2004 | 2005-02-09 | 1,000,000,000 | 10-K | cover page |
| 2005 | 2006-03-15 | 1,000,003,480 | 10-K | cover page |
| 2006 | 2007-02-23 | 797,456,520 | 10-K | cover page |
| 2007 | 2008-02-19 | 871,804,530 | 10-K | cover page |
| 2008 | 2009-02-12 | 985,141,960 | 10-K | cover page |
| 2009 | 2010-02-11 | 1,104,415,420 | 10-K | |
| 2010 | 2010-12-31 | 1,310,000,000 | 10-K | fiscal-year average |
| 2011 | 2011-12-31 | 1,279,000,000 | 10-K | fiscal-year average |
| 2012 | 2012-12-31 | 1,253,000,000 | 10-K | fiscal-year average |
| 2013 | 2013-12-31 | 1,211,000,000 | 10-K | fiscal-year average |
| 2014 | 2014-12-31 | 1,165,000,000 | 10-K | fiscal-year average |
| 2015 | 2015-12-31 | 1,134,000,000 | 10-K | fiscal-year average |
| 2016 | 2016-12-31 | 1,098,000,000 | 10-K | fiscal-year average |
| 2017 | 2017-12-31 | 1,067,000,000 | 10-K | fiscal-year average |
| 2018 | 2018-12-31 | 1,041,000,000 | 10-K | fiscal-year average |
| 2019 | 2019-12-31 | 1,017,000,000 | 10-K | fiscal-year average |
| 2020 | 2020-12-31 | 1,002,000,000 | 10-K | fiscal-year average |
| 2021 | 2021-12-31 | 988,000,000 | 10-K | fiscal-year average |
| 2022 | 2022-12-31 | 968,000,000 | 10-K | fiscal-year average |
| 2023 | 2023-12-31 | 944,000,000 | 10-K | fiscal-year average |
| 2024 | 2024-12-31 | 925,000,000 | 10-K | fiscal-year average |
| 2025 | 2025-12-31 | 905,000,000 | 10-K | fiscal-year average |
Source: all 10-K filings of Mastercard on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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Yes. Mastercard has 3.9% fewer shares outstanding than twelve months ago, 869,464,115 as of July 27, 2026. Over five years the share count is down 12.0%.
Net of every new share it issued, Mastercard has 440.5 million fewer shares than at its 2010 peak. That is 33.6% of the company.
869,464,115 shares, as of July 27, 2026, from the cover page of its latest 10-Q. At the 2010 peak it had 1,310,000,000.
Each share is a bigger slice of the company. Someone who held Mastercard stock in 2010 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.
Mastercard ranks No. 157 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Adobe (33.9%), UnitedHealth (33.8%), JPMorgan Chase (33.3%), Brunswick (33.1%).
Every answer is computed from Mastercard's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
From the latest 13F filings. All superinvestors.
The numbers say what happened. The story says whether it can continue. We cover companies like Mastercard in depth on Cannibal Stocks.
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