Murphy USA (MUSA) Stock Buybacks: 60.7% of Shares Retired Since 2013

Name: Murphy USA (MUSA) shares outstanding since 2013, split adjusted
Creator: Buyback Radar
License: https://creativecommons.org/licenses/by/4.0/

Shares outstanding, 2013 to todaysplit adjusted, from SEC filings

2013, 46,743,6332026-06-30, 18,380,347

A share bought in 2013

2.5× more of Murphy USA today, without buying another share. It was one of 46,743,633 shares then. It is one of 18,380,347 now.

Every filing we read13 fiscal years, split adjusted

Fiscal year	Date	Shares outstanding	Filing
2013	2014-01-31	46,743,633	10-K
2014	2015-01-31	45,748,418	10-K
2015	2016-01-31	41,678,873	10-K
2016	2017-01-31	36,898,928	10-K
2017	2018-01-31	33,867,494	10-K
2018	2019-01-31	32,261,729	10-K
2019	2020-01-31	30,460,112	10-K
2020	2021-01-31	27,248,590	10-K
2021	2022-01-31	24,832,797	10-K
2022	2023-01-31	21,700,941	10-K
2023	2024-01-31	20,806,624	10-K
2024	2025-01-31	20,016,228	10-K
2025	2026-01-31	18,535,347	10-K

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

What the buybacks cost, fiscal 2014 to 2025cash flow statement against share count

$4.1Bspent on buybacks

28Mfewer shares outstanding

6.5%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 $547.67.

Murphy USA buybacks, answered

Is Murphy USA buying back its stock?

Yes. Murphy USA has 1.9% fewer shares outstanding than twelve months ago, 18,380,347 as of June 30, 2026. Over five years the share count is down 28.3%.

How many shares has Murphy USA bought back?

Net of every new share it issued, Murphy USA has 28.4 million fewer shares than at its 2013 peak. That is 60.7% of the company.

How many shares does Murphy USA have outstanding?

18,380,347 shares, as of June 30, 2026, from the cover page of its latest 10-Q. At the 2013 peak it had 46,743,633.

What do Murphy USA's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Murphy USA stock in 2013 owns 2.5 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does Murphy USA compare with other cannibal stocks?

Murphy USA ranks No. 40 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: GAP (60.9%), Seagate Technology (60.8%), Masco (59.6%), Kforce (59.5%).

Every answer is computed from Murphy USA'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 Murphy USA in depth on Cannibal Stocks.

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