Buyback Radar
Company reports

MGIC Investment

MTG

MGIC Investment has retired 44.7% of its shares since 2017, from 370,862,190 to 205,124,840.

The 2017 peak comes after a 135 million share offering in 2013. In 2012 the count was 202,304,245, so the retirement is measured from after that issuance.

44.7%retired since 2017
37.0%last 5 years
8.3%last 12 months
205Mshares today
Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
a quarter gone 2022371M shares, 2017205M200020052010201520202025
1999, 105,778,4342026-07-24, 205,124,840
A share bought in 2013
1.6× more of MGIC Investment today, without buying another share. It was one of 338,036,029 shares then. It is one of 205,124,840 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19992000-02-01105,778,43410-Kcover page
20002001-02-01106,858,74710-Kcover page
20012002-02-15106,278,86010-K405cover page
20022003-02-1599,243,73110-Kcover page
20032004-02-1398,682,74610-Kcover page
20042005-02-1595,463,84810-Kcover page
20052006-02-1587,490,80610-Kcover page
20062007-02-1583,038,99310-Kcover page
20072008-02-1581,655,36610-Kcover page
20082009-02-25124,951,49710-Kcover page, review share change, capital issuance
20092009-12-31125,101,05710-K
20102011-02-15201,115,25710-Kreview share change, capital issuance
20112012-02-15201,467,07510-K
20122013-02-15202,304,24510-K
20132014-02-14338,036,02910-Kreview share change, capital issuance
20142015-02-13338,920,96310-K
20152016-02-12340,008,56910-K
20162017-02-15340,990,12110-K
20172018-02-16370,862,19010-K
20182019-02-15355,636,28410-K
20192020-02-14345,852,63110-K
20202021-02-19338,779,66610-K
20212022-02-18315,605,04010-K
20222023-02-17290,428,42210-K
20232024-02-16269,669,66710-K
20242025-02-21242,706,65810-K
20252026-02-20214,953,36010-K

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

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MGIC Investment buybacks, answered

Is MGIC Investment buying back its stock?

Yes. MGIC Investment has 8.3% fewer shares outstanding than twelve months ago, 205,124,840 as of July 24, 2026. Over five years the share count is down 37.0%.

How many shares has MGIC Investment bought back?

Net of every new share it issued, MGIC Investment has 165.7 million fewer shares than at its 2017 peak. That is 44.7% of the company. Since fiscal 2018 alone it bought back about 158.2 million shares, while the count fell by 150.5 million. The difference went to employees and other new shares.

How many shares does MGIC Investment have outstanding?

205,124,840 shares, as of July 24, 2026, from the cover page of its latest 10-Q. At the 2017 peak it had 370,862,190.

What do MGIC Investment's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held MGIC Investment stock in 2017 owns 1.8 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 MGIC Investment compare with other cannibal stocks?

MGIC Investment ranks No. 42 of 65 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Tapestry (47.5%), RCM Technologies (46.0%), MetLife (43.4%), InterDigital (43.1%).

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

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 MGIC Investment in depth on Cannibal Stocks.

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