Buyback Radar
Company reports

Trane Technologies

TT

Trane Technologies has retired 33.2% of its shares since 2010, from 329,577,804 to 220,023,177.

33.2%retired since 2010
7.4%last 5 years
0.8%last 12 months
220Mshares today
Shares outstanding, 2009 to todaysplit adjusted, from SEC filings
a quarter gone 2017330M shares, 2010220M2010201520202025
2009, 321,072,0292026-07-24, 220,023,177
A share bought in 2009
1.5× more of Trane Technologies today, without buying another share. It was one of 321,072,029 shares then. It is one of 220,023,177 now.
Every filing we read17 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20092010-02-18321,072,02910-K
20102011-02-11329,577,80410-K
20112012-01-31297,375,89010-K
20122013-01-31296,317,38610-K
20132014-02-03278,035,70710-K
20142015-02-02263,321,57410-K
20152016-02-01256,847,94810-K
20162017-02-01259,508,97210-K
20172018-02-01249,889,29910-K
20182019-02-01242,168,63110-K
20192020-02-01238,401,03310-K
20202021-02-01238,428,70010-K
20212022-02-01233,538,09110-K
20222023-02-03229,074,72510-K
20232024-02-02227,072,22410-K
20242025-01-31224,290,96410-K
20252026-01-30221,331,90510-K

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

What the buybacks cost, fiscal 2011 to 2025cash flow statement against share count
$13.7Bspent on buybacks
108Mfewer shares outstanding
1.5%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 $458.89.

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Trane Technologies buybacks, answered

Is Trane Technologies buying back its stock?

Yes. Trane Technologies has 0.8% fewer shares outstanding than twelve months ago, 220,023,177 as of July 24, 2026. Over five years the share count is down 7.4%.

How many shares has Trane Technologies bought back?

Net of every new share it issued, Trane Technologies has 109.6 million fewer shares than at its 2010 peak. That is 33.2% of the company.

How many shares does Trane Technologies have outstanding?

220,023,177 shares, as of July 24, 2026, from the cover page of its latest 10-Q. At the 2010 peak it had 329,577,804.

What do Trane Technologies' buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Trane Technologies stock in 2010 owns 1.5 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 Trane Technologies compare with other cannibal stocks?

Trane Technologies ranks No. 240 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Gilead Sciences (33.3%), JPMorgan Chase (33.3%), Brunswick (33.1%), Upbound Group (33.1%).

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

Insider buying, last 12 months

HAYES JOHN ADirector2026-03-05, 400 shares at $430.44 $172K total

The story

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

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