Zoetis has retired 17.5% of its shares since 2014, from 500,787,817 to 413,223,602.
Early years use the fiscal-year average share count from the 10-K.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2012 | 2012-12-31 | 500,000,000 | 10-K | fiscal-year average |
| 2013 | 2014-03-19 | 500,729,429 | 10-K | |
| 2014 | 2015-02-23 | 500,787,817 | 10-K | |
| 2015 | 2016-02-19 | 497,155,532 | 10-K | |
| 2016 | 2017-02-10 | 491,964,064 | 10-K | |
| 2017 | 2018-02-09 | 485,253,713 | 10-K | |
| 2018 | 2019-02-08 | 478,771,915 | 10-K | |
| 2019 | 2020-02-07 | 474,933,945 | 10-K | |
| 2020 | 2021-02-11 | 475,166,373 | 10-K | |
| 2021 | 2022-02-11 | 471,970,580 | 10-K | |
| 2022 | 2023-02-10 | 463,386,716 | 10-K | |
| 2023 | 2024-02-09 | 457,867,115 | 10-K | |
| 2024 | 2025-02-07 | 447,791,917 | 10-K | |
| 2025 | 2026-02-06 | 422,127,709 | 10-K |
Source: all 10-K filings of Zoetis on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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 $79.38.
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Yes. Zoetis has 6.2% fewer shares outstanding than twelve months ago, 413,223,602 as of July 31, 2026. Over five years the share count is down 12.7%.
Net of every new share it issued, Zoetis has 87.6 million fewer shares than at its 2014 peak. That is 17.5% of the company.
413,223,602 shares, as of July 31, 2026, from the cover page of its latest 10-Q. At the 2014 peak it had 500,787,817.
Each share is a bigger slice of the company. Someone who held Zoetis stock in 2014 owns 1.2 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Zoetis ranks No. 228 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Yum! Brands (17.9%), Howmet Aerospace (17.8%), Church & Dwight (16.8%), NOV (16.8%).
Every answer is computed from Zoetis' 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 Zoetis in depth on Cannibal Stocks.
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