Buyback Radar
Company reports

Minerals Technologies

MTX

Minerals Technologies has retired 24.8% of its shares since 1999, from 41,371,188 to 31,128,762.

24.8%retired since 1999
6.5%last 5 years
0.0%last 12 months
31Mshares today

At $62.99 a share, a market value of $2.0B. FCF yield 6.1%, P/E n/m, trailing twelve months to July 2026.

Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
41M shares, 199931M200020052010201520202025
1999, 41,371,1882026-07-22, 31,128,762

Early years use the fiscal-year average share count from the 10-K.

A share bought in 1999
1.3× more of Minerals Technologies today, without buying another share. It was one of 41,371,188 shares then. It is one of 31,128,762 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19992000-03-0341,371,18810-Kcover page
20002001-03-0239,435,19010-Kcover page
20012002-03-0140,297,61610-Kcover page
20022003-02-2140,170,53210-Kcover page
20032004-02-0540,984,29810-Kcover page
20042005-02-1141,047,66610-Kcover page
20052006-02-1039,903,46010-Kcover page
20062007-02-0537,987,35410-Kcover page
20072008-02-0538,194,91410-Kcover page
20082009-02-0637,385,11410-Kcover page
20092009-12-3137,448,00010-Kfiscal-year average
20102011-02-0436,526,38410-K
20112012-02-1035,459,66810-K
20122013-02-0835,071,66910-K
20132014-02-1034,429,05510-K
20142015-02-0434,702,34510-K
20152016-02-0534,865,00610-K
20162017-02-0335,037,43910-K
20172018-02-0735,434,55510-K
20182019-02-0435,230,31810-K
20192020-02-0534,473,83510-K
20202021-02-0333,847,75110-K
20212022-02-0433,142,65410-K
20222023-02-0332,540,14810-K
20232024-02-0532,362,70210-K
20242025-02-0531,897,55410-K
20252026-02-0631,048,58510-K

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

The story

Every Monday we write about one of these companies.

Read the full story
What the buybacks cost, fiscal 2008 to 2025cash flow statement against share count
$573Mspent on buybacks
7.1Mfewer shares outstanding
3.0%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 $62.99.

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Minerals Technologies buybacks, answered

Is Minerals Technologies buying back its stock?

Only enough to stand still. The share count is roughly flat over the last twelve months, at 31,128,762 as of July 22, 2026. Over five years the share count is down 6.5%.

How many shares has Minerals Technologies bought back?

Net of every new share it issued, Minerals Technologies has 10.2 million fewer shares than at its 1999 peak. That is 24.8% of the company.

How many shares does Minerals Technologies have outstanding?

31,128,762 shares, as of July 22, 2026, from the cover page of its latest 10-Q. At the 1999 peak it had 41,371,188.

What do Minerals Technologies' buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Minerals Technologies stock in 1999 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.

How does Minerals Technologies compare with other cannibal stocks?

Minerals Technologies ranks No. 330 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Morningstar (25.2%), Werner Enterprises (24.9%), Hexcel (24.6%), Yext (24.6%).

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

Superinvestors who own it

Chuck RoyceRoyce & Associates160,947 shares, $11.9M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

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