Buyback Radar

NVR

NVR

NVR has retired 75.7% of its shares since 1999, from 10,973,227 to 2,664,860.

75.7%retired since 1999
25.2%last 5 years
7.1%last 12 months
2.7Mshares today
Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
a quarter gone 2001half gone 2007three quarters gone 202511M shares, 19992.7M200020052010201520202025
1999, 10,973,2272026-07-31, 2,664,860

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

A share bought in 1999
4.1× more of NVR today, without buying another share. It was one of 10,973,227 shares then. It is one of 2,664,860 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19991999-02-2410,973,22710-Kcover page
20002000-02-159,521,85610-K405cover page
20012001-02-228,366,86210-Kcover page
20022002-01-307,564,32810-Kcover page
20032003-01-277,136,19810-Kcover page
20042004-02-096,516,06710-Kcover page
20052005-02-246,717,41810-Kcover page
20062006-02-175,553,36510-K/Acover page
20072007-02-165,677,79210-Kcover page
20082008-12-315,379,00010-Kfiscal-year average
20092009-12-315,807,00010-Kfiscal-year average
20102011-02-215,893,20310-K
20112012-02-175,058,78110-K
20122013-02-144,996,23410-K
20132014-02-174,472,69810-K
20142015-02-174,048,67110-K
20152016-02-123,881,14110-K
20162017-02-103,704,20610-K
20172018-02-123,683,09310-K
20182019-02-113,616,91710-K
20192020-02-143,677,67610-K
20202021-02-083,681,18110-K
20212022-02-143,382,72610-K
20222023-02-133,249,34510-K
20232024-02-123,186,14710-K
20242025-02-102,990,45110-K
20252026-02-092,793,76010-K

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

What the buybacks cost, since fiscal 2010cash flow statement against share count
$13.7Bspent on buybacks
3.1Mfewer shares outstanding
$4,357spent per share that actually disappeared
$1Bpaid 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

Oliver GeorgeDirector2026-08-07, 63 sh, $405,185
DeVito Michael JDirector2026-04-24, 11 sh, $73,694
DeVito Michael JDirector2025-11-03, 14 sh, $98,953

The story

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

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