Buyback Radar
Company reports

Sallie Mae

SLM

Sallie Mae has retired 64.3% of its shares since 2010, from 526,909,601 to 187,946,958.

64.3%retired since 2010
35.9%last 5 years
7.4%last 12 months
188Mshares today
Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
a quarter gone 2019half gone 2021527M shares, 2010188M200020052010201520202025
1999, 471,511,3562026-06-30, 187,946,958
A share bought in 1999
2.5× more of Sallie Mae today, without buying another share. It was one of 471,511,356 shares then. It is one of 187,946,958 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19992000-02-29471,511,35610-Kcover page
20002001-02-28488,644,56310-K405cover page
20012002-02-28465,311,86210-Kcover page
20022003-03-17454,924,77010-Kcover page
20032004-02-27442,536,88010-Kcover page
20042005-02-28421,654,97810-Kcover page
20052006-02-28413,544,74210-Kcover page
20062007-01-31410,478,25210-Kcover page
20072008-01-31466,570,62410-Kcover page
20082009-02-27467,403,90910-Kcover page
20092010-01-31484,912,37010-K
20102011-01-31526,909,60110-K
20112012-01-31509,322,19010-K
20122013-01-31453,341,35210-K
20132014-01-31428,698,21210-K
20142015-01-31423,476,36010-K
20152016-01-31426,316,00510-K
20162017-01-31429,101,10810-K
20172018-01-31433,549,31210-K
20182019-01-31436,802,55510-K
20192020-01-31422,615,19310-K
20202021-01-31363,671,44610-K
20212022-01-31279,392,94910-K
20222023-01-31241,188,97210-K
20232024-01-31220,349,71510-K
20242025-01-31210,423,46210-K
20252026-01-31198,154,62610-K

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

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Sallie Mae buybacks, answered

Is Sallie Mae buying back its stock?

Yes. Sallie Mae has 7.4% fewer shares outstanding than twelve months ago, 187,946,958 as of June 30, 2026. Over five years the share count is down 35.9%.

How many shares has Sallie Mae bought back?

Net of every new share it issued, Sallie Mae has 339.0 million fewer shares than at its 2010 peak. That is 64.3% of the company. Since fiscal 2011 alone it bought back about 362.2 million shares, while the count fell by 321.4 million. The difference went to employees and other new shares.

How many shares does Sallie Mae have outstanding?

187,946,958 shares, as of June 30, 2026, from the cover page of its latest 10-Q. At the 2010 peak it had 526,909,601.

What do Sallie Mae's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Sallie Mae stock in 2010 owns 2.8 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does Sallie Mae compare with other cannibal stocks?

Sallie Mae ranks No. 19 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: VeriSign (64.5%), Kroger (64.5%), CNO Financial (63.2%), Voya Financial (62.5%).

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

Superinvestors who own it

Glenn GreenbergBrave Warrior Advisors13,381,145 shares, $347.1M, Q2 2026
Michael BurryScion Asset Management480,054 shares, $13.3M, Q3 2025

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

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

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