Wendy's has retired 59.4% of its shares since 2009, from 469,236,315 to 190,669,930.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2009 | 2009-02-27 | 469,236,315 | 10-K | cover page |
| 2010 | 2010-02-26 | 443,829,031 | 10-K | cover page |
| 2011 | 2011-02-25 | 419,005,869 | 10-K | |
| 2012 | 2012-02-24 | 389,950,170 | 10-K | |
| 2013 | 2013-02-22 | 392,939,774 | 10-K | |
| 2014 | 2014-02-21 | 366,161,754 | 10-K | |
| 2015 | 2015-02-18 | 367,628,227 | 10-K | |
| 2016 | 2016-02-24 | 270,010,291 | 10-K | |
| 2017 | 2017-02-22 | 246,926,773 | 10-K | |
| 2018 | 2018-02-20 | 239,414,307 | 10-K | |
| 2019 | 2019-02-19 | 230,230,350 | 10-K | |
| 2020 | 2020-02-18 | 223,032,261 | 10-K | |
| 2021 | 2021-02-23 | 223,841,105 | 10-K | |
| 2022 | 2022-02-22 | 215,230,857 | 10-K | |
| 2023 | 2023-02-21 | 212,594,753 | 10-K | |
| 2024 | 2024-02-16 | 205,466,016 | 10-K | |
| 2025 | 2025-02-19 | 200,485,068 | 10-K | |
| 2026 | 2026-02-16 | 190,360,557 | 10-K |
Source: all 10-K filings of Wendy's on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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Only enough to stand still. The share count is roughly flat over the last twelve months, at 190,669,930 as of July 31, 2026. Over five years the share count is down 13.6%.
Net of every new share it issued, Wendy's has 278.6 million fewer shares than at its 2009 peak. That is 59.4% of the company.
190,669,930 shares, as of July 31, 2026, from the cover page of its latest 10-Q. At the 2009 peak it had 469,236,315.
Each share is a bigger slice of the company. Someone who held Wendy's stock in 2009 owns 2.5 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Wendy's ranks No. 29 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Masco (59.6%), Alpha Pro Tech (59.4%), Abercrombie & Fitch (58.9%), Arrow Electronics (58.6%).
Every answer is computed from Wendy's' own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
From the latest 13F filings. All superinvestors.
The numbers say what happened. The story says whether it can continue. We cover companies like Wendy's in depth on Cannibal Stocks.
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