Buyback Radar
Company reports

Merck &

MRK

Merck & has retired 20.0% of its shares since 2010, from 3,083,080,697 to 2,467,171,638.

20.0%retired since 2010
2.3%last 5 years
0.6%last 12 months
2.5Bshares today
Shares outstanding, 2010 to todaysplit adjusted, from SEC filings
3.1B shares, 20102.5B2010201520202025
2010, 3,083,080,6972026-07-31, 2,467,171,638
A share bought in 2010
1.2× more of Merck & today, without buying another share. It was one of 3,083,080,697 shares then. It is one of 2,467,171,638 now.
Every filing we read16 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20102011-01-313,083,080,69710-K
20112012-01-313,044,008,39610-K
20122013-01-313,022,367,53810-K
20132014-01-312,940,622,46110-K
20142015-01-312,838,192,93310-K
20152016-01-312,775,258,59110-K
20162017-01-312,745,571,06710-K
20172018-01-312,696,190,50210-K
20182019-01-312,581,220,30810-K
20192020-01-312,536,268,76010-K
20202021-01-312,530,315,66810-K
20212022-01-312,527,733,60610-K
20222023-01-312,538,592,46710-K
20232024-01-312,532,643,87210-K/A
20242025-01-312,526,036,24010-K
20252026-01-312,472,392,00310-K

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

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Merck & buybacks, answered

Is Merck & buying back its stock?

Yes. Merck & has 0.6% fewer shares outstanding than twelve months ago, 2,467,171,638 as of July 31, 2026. Over five years the share count is down 2.3%.

How many shares has Merck & bought back?

Net of every new share it issued, Merck & has 615.9 million fewer shares than at its 2010 peak. That is 20.0% of the company.

How many shares does Merck & have outstanding?

2,467,171,638 shares, as of July 31, 2026, from the cover page of its latest 10-Q. At the 2010 peak it had 3,083,080,697.

What do Merck &'s buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Merck & stock in 2010 owns 1.2 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 Merck & compare with other cannibal stocks?

Merck & ranks No. 217 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Morgan Stanley (20.6%), Baxter International (20.4%), Old Dominion Freight Line (19.8%), Mattel (19.7%).

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

Superinvestors who own it

Bill NygrenHarris Associates12,073,109 shares, $1.6B, Q2 2026
Richard PzenaPzena Investment Management2,511 shares, $323K, Q2 2026
David KatzMatrix Asset Advisors1,621 shares, $236K, Q3 2026
Tom RussoGardner Russo & Quinn1,642 shares, $211K, Q2 2026
Prem WatsaFairfax Financial Holdings172,900 shares, $22.2M, 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 Merck & in depth on Cannibal Stocks.

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