Buyback Radar
Company reports

Newmarket

NEU

Newmarket has retired 46.8% of its shares since 2006, from 17,293,860 to 9,196,406.

46.8%retired since 2006
13.5%last 5 years
2.1%last 12 months
9.2Mshares today

At $876.01 a share, a market value of $8.1B. FCF yield 5.9%, P/E 18.6, trailing twelve months to June 2026.

Shares outstanding, 2004 to todaysplit adjusted, from SEC filings
a quarter gone 201317M shares, 20069.2M20052010201520202025
2004, 16,981,7592026-06-30, 9,196,406
A share bought in 2004
1.8× more of Newmarket today, without buying another share. It was one of 16,981,759 shares then. It is one of 9,196,406 now.
Every filing we read22 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20042005-02-2816,981,75910-Kcover page
20052006-01-3117,099,55910-Kcover page
20062007-01-3117,293,86010-Kcover page
20072008-01-3115,442,37010-Kcover page
20082009-01-3115,203,20710-Kcover page
20092009-12-3115,209,98910-K
20102011-01-3113,887,09010-K
20112012-01-3113,404,83110-K
20122013-01-3113,417,87710-K
20132014-01-3113,004,24110-K
20142015-01-3112,443,65110-K
20152016-01-3111,849,57910-K
20162017-01-3111,852,69710-K
20172018-01-3111,779,14310-K
20182019-01-3111,182,08210-K
20192020-01-3111,188,17310-K
20202021-01-3110,921,34210-K
20212022-01-3110,347,33910-K
20222023-01-319,685,85110-K
20232024-01-319,590,04810-K
20242025-01-319,524,78910-K
20252026-01-319,397,36410-K

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

What the buybacks cost, fiscal 2008 to 2025cash flow statement against share count
$1.7Bspent on buybacks
6.0Mfewer shares outstanding
1.0%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 $876.01.

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Newmarket buybacks, answered

Is Newmarket buying back its stock?

Yes. Newmarket has 2.1% fewer shares outstanding than twelve months ago, 9,196,406 as of June 30, 2026. Over five years the share count is down 13.5%.

How many shares has Newmarket bought back?

Net of every new share it issued, Newmarket has 8.1 million fewer shares than at its 2006 peak. That is 46.8% of the company.

How many shares does Newmarket have outstanding?

9,196,406 shares, as of June 30, 2026, from the cover page of its latest 10-Q. At the 2006 peak it had 17,293,860.

What do Newmarket's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Newmarket stock in 2006 owns 1.9 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 Newmarket compare with other cannibal stocks?

Newmarket ranks No. 113 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Texas Instruments (47.4%), Pathward Financial (47.3%), Somnigroup International (46.6%), Marriott International (46.6%).

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

Insider buying, last 12 months

Xu TingDirector2026-02-24, 400 shares at $619.21 $248K total

The story

The numbers say what happened. The story says whether it can continue. We cover companies like Newmarket in depth on Cannibal Stocks.

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