Buyback Radar

Copart

CPRT

Copart has retired 37.3% of its shares since 2002, from 1,476,237,744 to 926,330,452.

37.3%retired since 2002
2.3%last 5 years
4.3%last 12 months
926Mshares today
Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
a quarter gone 20101.5B shares, 2002926M200020052010201520202025
1999, 1,288,726,5122026-09-25, 926,330,452

Early years use the fiscal-year average share count from the 10-K.

A share bought in 1999
1.4× more of Copart today, without buying another share. It was one of 1,288,726,512 shares then. It is one of 926,330,452 now.
Every filing we read28 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19991999-10-131,288,726,51210-K405cover page
20002000-10-131,309,322,25610-K405cover page
20012001-09-271,336,347,04810-K405cover page
20022002-10-141,476,237,74410-Kcover page
20032003-10-161,422,644,99210-Kcover page
20042004-10-121,441,349,37610-Kcover page
20052005-10-141,447,298,01610-Kcover page
20062006-10-301,448,851,64810-Kcover page
20072007-09-271,413,717,74410-Kcover page
20082008-09-261,332,542,36810-Kcover page
20092009-07-311,336,592,00010-K/Afiscal-year average
20102010-07-311,349,809,00810-K/A
20112011-09-271,056,488,27210-K/A
20122012-09-28992,750,95210-K
20132013-09-301,004,121,43210-K
20142014-09-291,009,955,61610-K
20152015-09-24961,495,87210-K
20162016-09-27913,289,59210-K
20172017-09-26923,093,36810-K
20182018-09-28935,664,76010-K
20192019-09-27929,000,57610-K
20202020-09-25943,887,68010-K
20212021-09-23948,402,07610-K
20222022-09-26952,227,02410-K
20232023-09-27957,355,63310-K
20242024-09-26963,287,37610-K
20252025-09-25967,731,52810-K
20262026-09-25926,330,45210-K

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

What the buybacks cost, since fiscal 2009cash flow statement against share count
$3.7Bspent on buybacks
406Mfewer shares outstanding
$9spent per share that actually disappeared
$471Mpaid in stock compensation over the same years

Part of every buyback only replaces shares handed to employees. That part costs money and retires nothing, so the cost per share that disappeared is higher than the average price the company paid.

The stock, long termprice chart by TradingView

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Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

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

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