Morgan Stanley has retired 20.6% of its shares since 2011, from 1,978,634,958 to 1,570,566,292.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2010 | 2011-01-31 | 1,545,631,781 | 10-K | |
| 2011 | 2012-01-31 | 1,978,634,958 | 10-K | |
| 2012 | 2013-02-05 | 1,961,257,664 | 10-K | |
| 2013 | 2014-01-31 | 1,975,673,438 | 10-K | |
| 2014 | 2015-01-31 | 1,976,612,907 | 10-K | |
| 2015 | 2016-01-31 | 1,958,568,849 | 10-K | |
| 2016 | 2017-01-31 | 1,866,164,899 | 10-K | |
| 2017 | 2018-01-31 | 1,791,846,388 | 10-K | |
| 2018 | 2019-01-31 | 1,708,787,567 | 10-K | |
| 2019 | 2020-01-31 | 1,599,276,515 | 10-K | |
| 2020 | 2021-01-29 | 1,813,552,280 | 10-K | |
| 2021 | 2022-01-31 | 1,781,299,489 | 10-K | |
| 2022 | 2023-01-31 | 1,681,940,155 | 10-K | |
| 2023 | 2024-01-31 | 1,635,268,297 | 10-K | |
| 2024 | 2025-01-31 | 1,612,855,585 | 10-K | |
| 2025 | 2026-01-31 | 1,587,860,206 | 10-K |
Source: all 10-K filings of Morgan Stanley on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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Yes. Morgan Stanley has 1.2% fewer shares outstanding than twelve months ago, 1,570,566,292 as of July 31, 2026. Over five years the share count is down 12.5%.
Net of every new share it issued, Morgan Stanley has 408.1 million fewer shares than at its 2011 peak. That is 20.6% of the company. Since fiscal 2012 alone it bought back about 1.09 billion shares, while the count fell by 390.7 million. The difference went to employees and other new shares.
1,570,566,292 shares, as of July 31, 2026, from the cover page of its latest 10-Q. At the 2011 peak it had 1,978,634,958.
Each share is a bigger slice of the company. Someone who held Morgan Stanley stock in 2011 owns 1.3 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Morgan Stanley ranks No. 215 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: IQVIA (21.0%), Johnson & Johnson (20.9%), Baxter International (20.4%), Merck & (20.0%).
Every answer is computed from Morgan Stanley'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 Morgan Stanley in depth on Cannibal Stocks.
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