Zebra Technologies

Name: Zebra Technologies (ZBRA) shares outstanding since 1999, split adjusted
Creator: Buyback Radar
License: https://creativecommons.org/licenses/by/4.0/

ZBRA

Zebra Technologies has retired 34.2% of its shares since 2004, from 71,877,827 to 47,310,660.

34.2%retired since 2004

11.5%last 5 years

6.6%last 12 months

47Mshares today

At $369.01 a share, a market value of $17.5B. FCF yield 5.2%, P/E 32.4, trailing twelve months to July 2026.

Shares outstanding, 1999 to todaysplit adjusted, from SEC filings

1999, 70,778,1202026-07-28, 47,310,660

A share bought in 1999

1.5× more of Zebra Technologies today, without buying another share. It was one of 70,778,119 shares then. It is one of 47,310,660 now.

Every filing we read27 fiscal years, split adjusted

Fiscal year	Date	Shares outstanding	Filing
1999	2000-03-01	70,778,120	10-K	cover page
2000	2001-03-12	70,979,954	10-K	cover page
2001	2002-03-19	70,979,661	10-K405	cover page
2002	2003-02-25	70,191,567	10-K	cover page
2003	2004-02-20	71,262,434	10-K	cover page
2004	2005-02-25	71,877,827	10-K	cover page
2005	2006-02-23	70,562,061	10-K	cover page
2006	2007-02-26	68,940,433	10-K	cover page
2007	2008-02-22	66,393,048	10-K	cover page
2008	2009-02-20	60,570,526	10-K	cover page
2009	2009-12-31	58,318,983	10-K
2010	2011-02-11	55,758,784	10-K
2011	2012-02-10	51,994,927	10-K
2012	2013-02-08	50,951,204	10-K
2013	2014-02-07	50,369,005	10-K
2014	2015-02-13	51,747,349	10-K
2015	2016-02-22	52,149,195	10-K
2016	2017-02-20	52,877,247	10-K
2017	2018-02-15	53,250,033	10-K
2018	2019-02-07	53,870,497	10-K
2019	2020-02-04	54,008,653	10-K
2020	2021-02-04	53,467,406	10-K
2021	2022-02-03	53,079,740	10-K
2022	2023-02-09	51,404,742	10-K
2023	2024-02-08	51,381,409	10-K
2024	2025-02-06	51,379,208	10-K
2025	2026-02-05	49,191,704	10-K

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

Zebra Technologies buybacks, answered

Is Zebra Technologies buying back its stock?

Yes. Zebra Technologies has 6.6% fewer shares outstanding than twelve months ago, 47,310,660 as of July 28, 2026. Over five years the share count is down 11.5%.

How many shares has Zebra Technologies bought back?

Net of every new share it issued, Zebra Technologies has 24.6 million fewer shares than at its 2004 peak. That is 34.2% of the company.

How many shares does Zebra Technologies have outstanding?

47,310,660 shares, as of July 28, 2026, from the cover page of its latest 10-Q. At the 2004 peak it had 71,877,827.

What do Zebra Technologies' buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Zebra Technologies stock in 2004 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 Zebra Technologies compare with other cannibal stocks?

Zebra Technologies ranks No. 229 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Dover (34.2%), Reliance (34.2%), EMCOR (34.1%), Aptiv (34.1%).

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