Progress Software has retired 39.1% of its shares since 2010, from 67,098,000 to 40,874,192.
At $40.84 a share, a market value of $1.7B. FCF yield 19.1%, P/E 18.1, trailing twelve months to August 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 1999 | 2000-02-14 | 53,540,724 | 10-K | cover page |
| 2000 | 2001-02-14 | 53,319,000 | 10-K405 | cover page |
| 2001 | 2002-02-04 | 53,638,500 | 10-K | cover page |
| 2002 | 2003-02-04 | 50,083,500 | 10-K | cover page |
| 2003 | 2004-01-31 | 53,508,000 | 10-K | cover page |
| 2004 | 2005-01-31 | 54,817,500 | 10-K | cover page |
| 2005 | 2006-01-31 | 60,609,000 | 10-K | cover page |
| 2006 | 2007-01-31 | 61,183,500 | 10-K | cover page |
| 2007 | 2008-01-22 | 63,529,500 | 10-K | cover page |
| 2008 | 2008-11-30 | 59,856,000 | 10-K | |
| 2009 | 2009-11-30 | 60,906,000 | 10-K | |
| 2010 | 2011-01-24 | 67,098,000 | 10-K | |
| 2011 | 2012-01-23 | 61,995,000 | 10-K | |
| 2012 | 2013-01-22 | 57,863,000 | 10-K | |
| 2013 | 2014-01-23 | 51,580,000 | 10-K | |
| 2014 | 2015-01-21 | 50,668,000 | 10-K | |
| 2015 | 2016-01-20 | 50,906,000 | 10-K | |
| 2016 | 2017-01-23 | 48,734,771 | 10-K | |
| 2017 | 2018-01-19 | 46,386,883 | 10-K | |
| 2018 | 2019-01-17 | 45,153,755 | 10-K | |
| 2019 | 2020-01-20 | 45,100,838 | 10-K/A | |
| 2020 | 2021-01-20 | 44,216,251 | 10-K | |
| 2021 | 2022-01-20 | 44,181,338 | 10-K | |
| 2022 | 2023-01-20 | 43,345,287 | 10-K | |
| 2023 | 2024-01-19 | 43,880,206 | 10-K | |
| 2024 | 2025-01-14 | 43,369,671 | 10-K | |
| 2025 | 2026-01-15 | 42,113,648 | 10-K |
Source: all 10-K filings of Progress Software 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 $40.84.
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Yes. Progress Software has 4.7% fewer shares outstanding than twelve months ago, 40,874,192 as of September 28, 2026. Over five years the share count is down 6.8%.
Net of every new share it issued, Progress Software has 26.2 million fewer shares than at its 2010 peak. That is 39.1% of the company. Since fiscal 2011 alone it bought back about 45.2 million shares, while the count fell by 21.1 million. The difference went to employees and other new shares.
40,874,192 shares, as of September 28, 2026, from the cover page of its latest 10-Q. At the 2010 peak it had 67,098,000.
Each share is a bigger slice of the company. Someone who held Progress Software stock in 2010 owns 1.6 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Progress Software ranks No. 182 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Eagle Materials (39.1%), Kimberly Clark (39.1%), Carlisle Companies (38.9%), Central Pacific Financial (38.9%).
Every answer is computed from Progress Software's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
From the latest 13F filings. All superinvestors.
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