Xerox has retired 38.3% of its shares since 2019, from 212,789,134 to 131,314,511.
At $2.47 a share, a market value of $324.3M. P/E n/m, trailing twelve months to June 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2019 | 2020-01-31 | 212,789,134 | 10-K | |
| 2020 | 2021-01-31 | 198,652,606 | 10-K | |
| 2021 | 2022-01-31 | 156,354,571 | 10-K | |
| 2022 | 2023-01-31 | 156,434,437 | 10-K | |
| 2023 | 2024-01-31 | 124,182,606 | 10-K | |
| 2024 | 2025-01-31 | 125,281,396 | 10-K | |
| 2025 | 2026-02-28 | 128,617,804 | 10-K |
Source: all 10-K filings of Xerox on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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Not on a net basis. Xerox has 2.6% more shares outstanding than twelve months ago. Whatever it bought back did not cover the new shares it issued. Over five years the share count is down 26.4%.
Net of every new share it issued, Xerox has 81.5 million fewer shares than at its 2019 peak. That is 38.3% of the company.
131,314,511 shares, as of July 31, 2026, from the cover page of its latest 10-Q. At the 2019 peak it had 212,789,134.
Each share is a bigger slice of the company. Someone who held Xerox stock in 2019 owns 1.6 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Xerox ranks No. 188 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Qualcomm (38.4%), Federated Hermes (38.4%), Dycom Industries (38.3%), Innoviva (38.1%).
Every answer is computed from Xerox's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
The numbers say what happened. The story says whether it can continue. We cover companies like Xerox in depth on Cannibal Stocks.
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