NMI has retired 12.4% of its shares since 2021, from 85,839,783 to 75,217,851.
At $40.71 a share, a market value of $3.1B. P/E 7.7, trailing twelve months to June 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2013 | 2014-03-07 | 58,065,326 | 10-K | |
| 2014 | 2015-02-16 | 58,519,558 | 10-K | |
| 2015 | 2016-02-16 | 58,827,169 | 10-K | |
| 2016 | 2017-02-14 | 59,145,161 | 10-K | |
| 2017 | 2018-02-13 | 60,610,731 | 10-K | |
| 2018 | 2019-02-11 | 66,427,675 | 10-K | |
| 2019 | 2020-02-11 | 68,438,109 | 10-K | |
| 2020 | 2021-02-22 | 85,302,579 | 10-K | |
| 2021 | 2022-02-11 | 85,839,783 | 10-K | |
| 2022 | 2023-02-10 | 83,656,173 | 10-K | |
| 2023 | 2024-02-09 | 80,879,843 | 10-K | |
| 2024 | 2025-02-10 | 78,452,097 | 10-K | |
| 2025 | 2026-02-06 | 76,032,627 | 10-K |
Source: all 10-K filings of NMI on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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 $40.71.
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Yes. NMI has 2.1% fewer shares outstanding than twelve months ago, 75,217,851 as of July 27, 2026. Over five years the share count is down 12.3%.
Net of every new share it issued, NMI has 10.6 million fewer shares than at its 2021 peak. That is 12.4% of the company. Since fiscal 2022 alone it bought back about 12.0 million shares, while the count fell by 8.4 million. The difference went to employees and other new shares.
75,217,851 shares, as of July 27, 2026, from the cover page of its latest 10-Q. At the 2021 peak it had 85,839,783.
Each share is a bigger slice of the company. Someone who held NMI stock in 2021 owns 1.1 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
NMI ranks No. 442 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: G Iii Apparel Group (12.8%), Axalta Coating Systems (12.7%), Newell Brands (12.2%), Otis Worldwide (12.2%).
Every answer is computed from NMI'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 NMI in depth on Cannibal Stocks.
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