Boston Beer has retired 44.7% of its shares since 1999, from 18,617,031 to 10,291,681.
Early years use the fiscal-year average share count from the 10-K.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 1999 | 2000-03-14 | 18,617,031 | 10-K | cover page |
| 2000 | 2001-03-07 | 16,478,118 | 10-K405 | cover page |
| 2001 | 2002-03-18 | 16,353,378 | 10-K405 | cover page |
| 2002 | 2003-03-19 | 15,524,692 | 10-K | cover page |
| 2003 | 2004-03-04 | 13,494,965 | 10-K | cover page |
| 2004 | 2005-03-08 | 14,285,018 | 10-K | cover page |
| 2005 | 2006-03-08 | 13,957,248 | 10-K | cover page |
| 2006 | 2007-03-09 | 14,268,671 | 10-K | cover page |
| 2007 | 2008-03-07 | 13,828,921 | 10-K | cover page |
| 2008 | 2009-03-06 | 14,256,026 | 10-K | cover page |
| 2009 | 2010-03-05 | 14,019,230 | 10-K | cover page |
| 2010 | 2010-12-25 | 13,660,000 | 10-K | fiscal-year average |
| 2011 | 2011-12-31 | 13,012,000 | 10-K | fiscal-year average |
| 2016 | 2016-12-31 | 12,597,000 | 10-K | fiscal-year average |
| 2017 | 2017-12-30 | 12,102,000 | 10-K | fiscal-year average |
| 2018 | 2018-12-29 | 11,733,000 | 10-K | fiscal-year average |
| 2019 | 2019-12-28 | 11,886,000 | 10-K | fiscal-year average |
| 2020 | 2020-12-26 | 12,204,000 | 10-K | fiscal-year average |
| 2021 | 2021-12-25 | 12,280,000 | 10-K | fiscal-year average |
| 2022 | 2022-12-31 | 12,317,000 | 10-K | fiscal-year average |
| 2023 | 2023-12-30 | 12,243,000 | 10-K | fiscal-year average |
| 2024 | 2024-12-28 | 11,774,000 | 10-K | fiscal-year average |
| 2025 | 2025-12-27 | 10,960,000 | 10-K | fiscal-year average |
Source: all 10-K filings of Boston Beer on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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Yes. Boston Beer has 6.1% fewer shares outstanding than twelve months ago, 10,291,681 as of July 17, 2026. Over five years the share count is down 16.2%.
Net of every new share it issued, Boston Beer has 8.3 million fewer shares than at its 1999 peak. That is 44.7% of the company.
10,291,681 shares, as of July 17, 2026, from the cover page of its latest 10-Q. At the 1999 peak it had 18,617,031.
Each share is a bigger slice of the company. Someone who held Boston Beer stock in 1999 owns 1.8 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Boston Beer ranks No. 93 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Citigroup (44.8%), Gartner (44.8%), Sirius XM (44.7%), MGIC Investment (44.7%).
Every answer is computed from Boston Beer'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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