Buyback Radar
Company reports

Pitney Bowes

PBI

Pitney Bowes has retired 47.7% of its shares since 1999, from 262,192,195 to 137,090,212.

47.7%retired since 1999
22.1%last 5 years
14.8%last 12 months
137Mshares today

At $17.04 a share, a market value of $2.3B. FCF yield 17.8%, P/E 12.5, trailing twelve months to June 2026.

Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
a quarter gone 2014262M shares, 1999137M200020052010201520202025
1999, 262,192,1952026-07-21, 137,090,212
A share bought in 1999
1.9× more of Pitney Bowes today, without buying another share. It was one of 262,192,195 shares then. It is one of 137,090,212 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19992000-03-10262,192,19510-K405cover page
20002001-03-16247,562,69510-Kcover page
20012002-02-28241,924,20010-K405cover page
20022003-02-28234,522,52710-Kcover page
20032004-02-20232,536,11410-Kcover page
20042005-02-18230,838,23010-Kcover page
20052006-02-10226,982,72710-Kcover page
20062007-02-26220,296,32010-Kcover page
20072007-12-31214,514,95910-K
20082008-12-31206,181,19310-K
20092009-12-31207,450,91910-K
20102011-02-15199,787,70810-K
20112011-12-31199,751,07010-K
20122013-02-14201,346,30210-K
20132014-02-14202,535,48010-K
20142015-02-12201,622,00110-K
20152016-02-18191,560,67610-K
20162017-02-17186,399,33210-K
20172018-01-31186,779,76110-K
20182019-01-31188,243,43210-K
20192020-01-31171,147,94010-K
20202021-01-29173,274,46310-K
20212022-01-31174,855,08610-K
20222023-01-31174,184,55110-K
20232024-01-31176,528,70310-K
20242025-01-31182,786,97410-K
20252026-01-31149,942,69810-K/A

Source: all 10-K filings of Pitney Bowes 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 2007 to 2025cash flow statement against share count
$1.8Bspent on buybacks
70Mfewer shares outstanding
16.2%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 $17.04.

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Pitney Bowes buybacks, answered

Is Pitney Bowes buying back its stock?

Yes. Pitney Bowes has 14.8% fewer shares outstanding than twelve months ago, 137,090,212 as of July 21, 2026. Over five years the share count is down 22.1%.

How many shares has Pitney Bowes bought back?

Net of every new share it issued, Pitney Bowes has 125.1 million fewer shares than at its 1999 peak. That is 47.7% of the company.

How many shares does Pitney Bowes have outstanding?

137,090,212 shares, as of July 21, 2026, from the cover page of its latest 10-Q. At the 1999 peak it had 262,192,195.

What do Pitney Bowes' buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Pitney Bowes stock in 1999 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 Pitney Bowes compare with other cannibal stocks?

Pitney Bowes ranks No. 105 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Teradata (48.2%), Toll Brothers (48.0%), Equitable (47.6%), McDonald's (47.6%).

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

Superinvestors who own it

Chuck RoyceRoyce & Associates123,145 shares, $2.2M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

Rosenthal Brent DDirector2026-03-13, 4,000 shares at $10.22 $41K total
Brimm Peter CDirector2026-02-27, 4,000 shares at $10.79 $43K total
Rosenthal Brent DDirector2025-11-25, 2,000 shares at $10.00 $20K total
Brimm Peter CDirector2025-10-31, 12,500 shares at $10.16 $127K total

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