Buyback Radar

Tapestry

TPR

Tapestry has retired 47.5% of its shares since 2005, from 380,115,103 to 199,391,678.

47.5%retired since 2005
28.7%last 5 years
4.2%last 12 months
199Mshares today
Shares outstanding, 2001 to todaysplit adjusted, from SEC filings
a quarter gone 2012380M shares, 2005199M20052010201520202025
2001, 350,265,1362026-07-31, 199,391,678

Early years use the fiscal-year average share count from the 10-K.

A share bought in 2001
1.8× more of Tapestry today, without buying another share. It was one of 350,265,136 shares then. It is one of 199,391,678 now.
Every filing we read26 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20012001-08-31350,265,13610-K405/Acover page
20022002-08-30352,466,04410-Kcover page
20032003-08-29367,819,75610-Kcover page
20042004-09-03376,135,97810-Kcover page
20052005-09-02380,115,10310-Kcover page
20062006-08-18365,864,18310-Kcover page
20072007-08-17373,092,89310-Kcover page
20082008-06-28355,731,00010-Kfiscal-year average
20092009-06-27318,006,46610-K
20102010-08-06297,406,00710-K
20112011-08-05289,023,86010-K
20122012-08-03285,186,05710-K
20132013-08-02281,933,90810-K
20142014-08-01274,631,76410-K
20152015-07-31276,627,05210-K
20162016-08-05278,942,86010-K
20172017-08-04282,584,70410-K
20182018-08-03288,038,99310-K
20192019-08-02286,849,65610-K
20202020-07-31276,241,17410-K
20212021-08-06279,575,18010-K
20222022-08-05241,218,60910-K
20232023-08-04227,439,22510-K
20242024-08-02230,220,72110-K
20252025-08-01208,123,62810-K
20262026-07-31199,391,67810-K

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

What the buybacks cost, since fiscal 2008cash flow statement against share count
$11.6Bspent on buybacks
174Mfewer shares outstanding
$67spent per share that actually disappeared
$1.6Bpaid in stock compensation over the same years

Part of every buyback only replaces shares handed to employees. That part costs money and retires nothing, so the cost per share that disappeared is higher than the average price the company paid.

The stock, long termprice chart by TradingView

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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 Tapestry in depth on Cannibal Stocks.

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