Merck & Co stock buybacks 1989–2026What are stock buybacks? A stock buyback is a company buying its own shares on the market. With fewer shares left, each remaining share owns a bigger part of the company.
Merck & Co spent 653.00M USD buying back its shares in Q3 FY2026, the three months to 30 September 2026, down 50.6% on the same quarter a year before. Merck & Co spent 3.54B USD buying back its shares over the last twelve months, down 18.2% on the twelve months before. In fiscal year 2025 it spent 5.08B USD, up 289.3% on the year before.
Last updated 7 Nov 2026 · Next report 2 Feb 2027
Stock buybacks
Growth
| Fiscal year | Period ending | Stock buybacks | Growth | Dividends paid | Free cash flow |
|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 3.54B | -18.17% | 8.37B | 14.75B |
| FY2025 | 31 Dec 2025 | 5.08B | +289.28% | 8.18B | 12.36B |
| FY2024 | 31 Dec 2024 | 1.31B | -2.97% | 7.84B | 18.10B |
| FY2023 | 31 Dec 2023 | 1.35B | — | 7.45B | 9.14B |
| FY2022 | 31 Dec 2022 | 0.00 | -100.00% | 7.01B | 14.71B |
| FY2021 | 31 Dec 2021 | 840.00M | -34.43% | 6.61B | 9.66B |
| FY2020 | 31 Dec 2020 | 1.28B | -73.20% | 6.22B | 5.82B |
| FY2019 | 31 Dec 2019 | 4.78B | -47.42% | 5.70B | 9.97B |
| FY2018 | 31 Dec 2018 | 9.09B | +126.48% | 5.17B | 8.31B |
| FY2017 | 31 Dec 2017 | 4.01B | +16.89% | 5.17B | 4.56B |
| FY2016 | 31 Dec 2016 | 3.43B | -17.96% | 5.12B | 8.76B |
| FY2015 | 31 Dec 2015 | 4.19B | -45.66% | 5.12B | 11.14B |
| FY2014 | 31 Dec 2014 | 7.70B | +18.22% | 5.25B | 5.54B |
| FY2013 | 31 Dec 2013 | 6.52B | +151.49% | 5.28B | 10.11B |
| FY2012 | 31 Dec 2012 | 2.59B | +34.88% | 5.24B | 8.07B |
| FY2011 | 31 Dec 2011 | 1.92B | +20.59% | 4.81B | 10.66B |
| FY2010 | 31 Dec 2010 | 1.59B | — | 4.85B | 9.14B |
| FY2009 | 31 Dec 2009 | 0.00 | -100.00% | 3.22B | 1.93B |
| FY2008 | 31 Dec 2008 | 2.73B | +90.60% | 3.28B | 5.27B |
| FY2007 | 31 Dec 2007 | 1.43B | +42.64% | 3.31B | 5.99B |
| FY2006 | 31 Dec 2006 | 1.00B | -1.28% | 3.32B | 5.79B |
| FY2005 | 31 Dec 2005 | 1.02B | -58.97% | 3.35B | 6.21B |
| FY2004 | 31 Dec 2004 | 2.47B | +21.66% | 3.31B | 7.07B |
| FY2003 | 31 Dec 2003 | 2.03B | -2.74% | 3.25B | 7.95B |
| FY2002 | 31 Dec 2002 | 2.09B | -46.25% | 3.19B | 7.16B |
| FY2001 | 31 Dec 2001 | 3.89B | +9.74% | 3.15B | 6.36B |
| FY2000 | 31 Dec 2000 | 3.55B | -1.02% | 2.80B | 4.96B |
| FY1999 | 31 Dec 1999 | 3.58B | -1.20% | 2.59B | 3.57B |
| FY1998 | 31 Dec 1998 | 3.63B | +1.48% | 2.25B | 3.35B |
| FY1997 | 31 Dec 1997 | 3.57B | +43.30% | 2.04B | 4.87B |
| FY1996 | 31 Dec 1996 | 2.49B | +58.72% | 1.73B | 4.23B |
| FY1995 | 31 Dec 1995 | 1.57B | +122.98% | 1.54B | 1.94B |
| FY1994 | 31 Dec 1994 | 704.50M | +89.89% | 1.43B | 3.13B |
| FY1993 | 31 Dec 1993 | 371.00M | -57.01% | 1.17B | 2.04B |
| FY1992 | 31 Dec 1992 | 862.90M | +368.71% | 1.06B | 1.44B |
| FY1991 | 31 Dec 1991 | 184.10M | -75.28% | 893.20M | 1.39B |
| FY1990 | 31 Dec 1990 | 744.80M | +257.73% | 749.40M | 1.38B |
| FY1989 | 31 Dec 1989 | 208.20M | — | 650.30M | 947.70M |
| Quarter | Period ending | Stock buybacks | Growth on a year before | Dividends paid | Free cash flow |
|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 653.00M | -50.64% | 2.10B | 5.52B |
| Q2 FY2026 | 30 Jun 2026 | 757.00M | -43.72% | 2.14B | 4.48B |
| Q1 FY2026 | 31 Mar 2026 | 874.00M | -24.91% | 2.11B | 2.93B |
| Q4 FY2025 | 31 Dec 2025 | 1.25B | +156.03% | 2.02B | 1.82B |
| Q3 FY2025 | 30 Sept 2025 | 1.32B | +197.97% | 2.03B | 6.84B |
| Q2 FY2025 | 30 Jun 2025 | 1.35B | +435.86% | 2.08B | 2.53B |
| Q1 FY2025 | 31 Mar 2025 | 1.16B | +854.10% | 2.05B | 1.17B |
| Q4 FY2024 | 31 Dec 2024 | 489.00M | +24.43% | 1.95B | 2.51B |
| Q3 FY2024 | 30 Sept 2024 | 444.00M | -4.72% | 1.95B | 8.51B |
| Q2 FY2024 | 30 Jun 2024 | 251.00M | -25.74% | 1.99B | 4.85B |
| Q1 FY2024 | 31 Mar 2024 | 122.00M | -18.12% | 1.95B | 2.23B |
| Q4 FY2023 | 31 Dec 2023 | 393.00M | — | 1.85B | -743.00M |
| Q3 FY2023 | 30 Sept 2023 | 466.00M | — | 1.86B | 6.82B |
| Q2 FY2023 | 30 Jun 2023 | 338.00M | — | 1.89B | 2.74B |
| Q1 FY2023 | 31 Mar 2023 | 149.00M | — | 1.85B | 332.00M |
| Q4 FY2022 | 31 Dec 2022 | 0.00 | -100.00% | 1.75B | 3.28B |
| Q3 FY2022 | 30 Sept 2022 | 0.00 | -100.00% | 1.75B | 4.48B |
| Q2 FY2022 | 30 Jun 2022 | 0.00 | -100.00% | 1.77B | 3.17B |
| Q1 FY2022 | 31 Mar 2022 | 0.00 | — | 1.75B | 3.78B |
| Q4 FY2021 | 31 Dec 2021 | 18.00M | — | 1.64B | 3.82B |
| Q3 FY2021 | 30 Sept 2021 | 583.00M | — | 1.65B | 3.63B |
| Q2 FY2021 | 30 Jun 2021 | 239.00M | — | 1.67B | 1.56B |
| Q1 FY2021 | 31 Mar 2021 | 0.00 | -100.00% | 1.65B | 709.00M |
| Q4 FY2020 | 31 Dec 2020 | 0.00 | -100.00% | 1.54B | 2.58B |
| Q3 FY2020 | 30 Sept 2020 | 0.00 | -100.00% | 1.55B | 728.00M |
| Q2 FY2020 | 30 Jun 2020 | 0.00 | -100.00% | 1.58B | 2.80B |
| Q1 FY2020 | 31 Mar 2020 | 1.28B | +17.52% | 1.55B | -279.00M |
| Q4 FY2019 | 31 Dec 2019 | 1.05B | -82.30% | 1.41B | 3.66B |
| Q3 FY2019 | 30 Sept 2019 | 1.41B | +41.06% | 1.39B | 3.27B |
| Q2 FY2019 | 30 Jun 2019 | 1.24B | -22.62% | 1.47B | 2.30B |
| Q1 FY2019 | 31 Mar 2019 | 1.09B | +92.58% | 1.43B | 741.00M |
| Q4 FY2018 | 31 Dec 2018 | 5.93B | +248.59% | 1.28B | 2.66B |
| Q3 FY2018 | 30 Sept 2018 | 996.00M | +526.42% | 1.29B | 2.14B |
| Q2 FY2018 | 30 Jun 2018 | 1.60B | +40.74% | 1.31B | 2.80B |
| Q1 FY2018 | 31 Mar 2018 | 566.00M | -44.46% | 1.30B | 705.00M |
| Q4 FY2017 | 31 Dec 2017 | 1.70B | +67.52% | 1.28B | 3.30B |
| Q3 FY2017 | 30 Sept 2017 | 159.00M | -81.18% | 1.28B | -1.61B |
| Q2 FY2017 | 30 Jun 2017 | 1.13B | +71.82% | 1.31B | 2.92B |
| Q1 FY2017 | 31 Mar 2017 | 1.02B | +11.61% | 1.29B | -53.00M |
| Q4 FY2016 | 31 Dec 2016 | 1.02B | -13.97% | 1.27B | 3.08B |
| Q3 FY2016 | 30 Sept 2016 | 845.00M | -34.04% | 1.27B | 2.56B |
| Q2 FY2016 | 30 Jun 2016 | 660.00M | -6.91% | 1.30B | 1.24B |
| Q1 FY2016 | 31 Mar 2016 | 913.00M | -10.05% | 1.28B | 1.88B |
| Q4 FY2015 | 31 Dec 2015 | 1.18B | -27.10% | 1.26B | 3.75B |
| Q3 FY2015 | 30 Sept 2015 | 1.28B | -52.02% | 1.27B | 2.99B |
| Q2 FY2015 | 30 Jun 2015 | 709.00M | -68.43% | 1.30B | 2.31B |
| Q1 FY2015 | 31 Mar 2015 | 1.02B | -13.02% | 1.28B | 2.08B |
| Q4 FY2014 | 31 Dec 2014 | 1.62B | +726.53% | 1.34B | -2.65B |
| Q3 FY2014 | 30 Sept 2014 | 2.67B | +1,141.86% | 1.28B | 4.03B |
| Q2 FY2014 | 30 Jun 2014 | 2.25B | -59.35% | 1.34B | 2.01B |
| Q1 FY2014 | 31 Mar 2014 | 1.17B | +101.21% | 1.29B | 2.16B |
| Q4 FY2013 | 31 Dec 2013 | 196.00M | -82.99% | 1.38B | 2.60B |
| Q3 FY2013 | 30 Sept 2013 | 215.00M | -52.64% | 1.26B | 3.59B |
| Q2 FY2013 | 30 Jun 2013 | 5.53B | +944.42% | 1.33B | 1.93B |
| Q1 FY2013 | 31 Mar 2013 | 580.00M | +27.19% | 1.31B | 1.99B |
| Q4 FY2012 | 31 Dec 2012 | 1.15B | +104.98% | 1.28B | 1.03B |
| Q3 FY2012 | 30 Sept 2012 | 454.00M | -56.56% | 1.28B | 2.73B |
| Q2 FY2012 | 30 Jun 2012 | 529.00M | +68.47% | 1.28B | 2.49B |
| Q1 FY2012 | 31 Mar 2012 | 456.00M | — | 1.28B | 1.82B |
| Q4 FY2011 | 31 Dec 2011 | 562.00M | +187,233.33% | 1.29B | 2.63B |
| Q3 FY2011 | 30 Sept 2011 | 1.05B | +253.04% | 1.18B | 4.15B |
| Q2 FY2011 | 30 Jun 2011 | 314.00M | — | 1.18B | 2.49B |
| Q1 FY2011 | 31 Mar 2011 | 0.00 | — | 1.18B | 1.40B |
| Q4 FY2010 | 31 Dec 2010 | 300.00K | — | 1.29B | 2.88B |
| Q3 FY2010 | 30 Sept 2010 | 296.00M | — | 1.18B | 2.25B |
| Q2 FY2010 | 30 Jun 2010 | 0.00 | — | 1.19B | 2.99B |
| Q1 FY2010 | 31 Mar 2010 | 0.00 | — | 1.19B | 1.02B |
| Q4 FY2009 | 31 Dec 2009 | 0.00 | -100.00% | 1.07B | 1.69B |
| Q3 FY2009 | 30 Sept 2009 | 0.00 | -100.00% | 803.90M | -615.40M |
| Q2 FY2009 | 30 Jun 2009 | 0.00 | -100.00% | 803.40M | 383.80M |
| Q1 FY2009 | 31 Mar 2009 | 0.00 | -100.00% | 803.50M | 477.50M |
| Q4 FY2008 | 31 Dec 2008 | 209.60M | -75.49% | 808.90M | 626.80M |
| Q3 FY2008 | 30 Sept 2008 | 964.30M | +1,066.02% | 816.90M | 1.37B |
| Q2 FY2008 | 30 Jun 2008 | 173.30M | -29.98% | 821.90M | 1.09B |
| Q1 FY2008 | 31 Mar 2008 | 1.38B | +463.75% | 830.80M | 2.19B |
| Q4 FY2007 | 31 Dec 2007 | 855.10M | +240.27% | 829.20M | 2.06B |
| Q3 FY2007 | 30 Sept 2007 | 82.70M | -67.05% | 826.30M | 2.77B |
| Q2 FY2007 | 30 Jun 2007 | 247.50M | -2.10% | 825.20M | 2.68B |
| Q1 FY2007 | 31 Mar 2007 | 244.40M | -1.13% | 826.60M | -1.53B |
| Q4 FY2006 | 31 Dec 2006 | 251.30M | 0.00% | 828.60M | 1.48B |
| Q3 FY2006 | 30 Sept 2006 | 251.00M | -1.68% | 830.90M | 1.26B |
| Q2 FY2006 | 30 Jun 2006 | 252.80M | -1.06% | 833.30M | 1.94B |
| Q1 FY2006 | 31 Mar 2006 | 247.20M | -2.37% | 829.80M | 1.11B |
| Q4 FY2005 | 31 Dec 2005 | 251.30M | -85.93% | 833.30M | 1.86B |
| Q3 FY2005 | 30 Sept 2005 | 255.30M | +4.63% | 836.30M | 1.89B |
| Q2 FY2005 | 30 Jun 2005 | 255.50M | +18.23% | 839.10M | 1.46B |
| Q1 FY2005 | 31 Mar 2005 | 253.20M | +11.10% | 841.10M | 996.20M |
| Q4 FY2004 | 31 Dec 2004 | 1.79B | +176.95% | 843.00M | 1.85B |
| Q3 FY2004 | 30 Sept 2004 | 244.00M | -60.42% | 821.90M | 1.81B |
| Q2 FY2004 | 30 Jun 2004 | 216.10M | -54.67% | 823.40M | 1.92B |
| Q1 FY2004 | 31 Mar 2004 | 227.90M | -22.95% | 822.40M | 1.49B |
| Q4 FY2003 | 31 Dec 2003 | 645.10M | +150.91% | 827.00M | 2.29B |
| Q3 FY2003 | 30 Sept 2003 | 616.50M | +20.83% | 807.00M | 3.11B |
| Q2 FY2003 | 30 Jun 2003 | 476.70M | -42.90% | 808.10M | 1.16B |
| Q1 FY2003 | 31 Mar 2003 | 295.80M | -39.53% | 808.30M | 1.39B |
| Q4 FY2002 | 31 Dec 2002 | 257.10M | -18.74% | 809.50M | 2.09B |
| Q3 FY2002 | 30 Sept 2002 | 510.20M | -63.37% | 791.40M | 2.54B |
| Q2 FY2002 | 30 Jun 2002 | 834.80M | -28.20% | 795.00M | 1.02B |
| Q1 FY2002 | 31 Mar 2002 | 489.20M | -51.98% | 795.70M | 1.51B |
| Q4 FY2001 | 31 Dec 2001 | 316.40M | +12.40% | 799.30M | 2.17B |
| Q3 FY2001 | 30 Sept 2001 | 1.39B | +201.58% | 778.00M | 2.25B |
| Q2 FY2001 | 30 Jun 2001 | 1.16B | +76.41% | 783.00M | 392.10M |
| Q1 FY2001 | 31 Mar 2001 | 1.02B | -52.46% | 784.70M | 1.54B |
| Q4 FY2000 | 31 Dec 2000 | 281.50M | -71.17% | 782.00M | 1.38B |
| Q3 FY2000 | 30 Sept 2000 | 461.90M | -57.26% | 667.20M | 1.02B |
| Q2 FY2000 | 30 Jun 2000 | 659.10M | -43.35% | 671.80M | 980.00M |
| Q1 FY2000 | 31 Mar 2000 | 2.14B | +492.62% | 677.00M | 1.58B |
| Q4 FY1999 | 31 Dec 1999 | 976.40M | +14.25% | 678.30M | 519.50M |
| Q3 FY1999 | 30 Sept 1999 | 1.08B | -45.91% | 636.00M | 900.40M |
| Q2 FY1999 | 30 Jun 1999 | 1.16B | +161.87% | 638.00M | 658.70M |
| Q1 FY1999 | 31 Mar 1999 | 361.60M | +9.94% | 637.40M | 1.49B |
| Q4 FY1998 | 31 Dec 1998 | 854.60M | -18.31% | 640.00M | 588.00M |
| Q3 FY1998 | 30 Sept 1998 | 2.00B | +12.33% | 537.30M | 961.70M |
| Q2 FY1998 | 30 Jun 1998 | 444.30M | -11.65% | 538.30M | 595.80M |
| Q1 FY1998 | 31 Mar 1998 | 328.90M | +34.08% | 537.50M | 1.21B |
| Q4 FY1997 | 31 Dec 1997 | 1.05B | +295.54% | 542.10M | 1.50B |
| Q3 FY1997 | 30 Sept 1997 | 1.78B | +175.72% | 506.90M | 1.24B |
| Q2 FY1997 | 30 Jun 1997 | 502.90M | -50.13% | 508.20M | 902.00M |
| Q1 FY1997 | 31 Mar 1997 | 245.30M | -57.36% | 482.70M | 1.23B |
| Q4 FY1996 | 31 Dec 1996 | 264.50M | -27.53% | 481.60M | 1.54B |
| Q3 FY1996 | 30 Sept 1996 | 645.00M | +60.53% | 411.80M | 984.60M |
| Q2 FY1996 | 30 Jun 1996 | 1.01B | +269.14% | 397.00M | 790.40M |
| Q1 FY1996 | 31 Mar 1996 | 575.30M | +8.36% | 438.50M | 918.00M |
| Q4 FY1995 | 31 Dec 1995 | 365.00M | -38.70% | 419.40M | 811.20M |
| Q3 FY1995 | 30 Sept 1995 | 401.80M | — | 370.90M | 692.60M |
| Q2 FY1995 | 30 Jun 1995 | 273.20M | — | 369.60M | 221.40M |
| Q1 FY1995 | 31 Mar 1995 | 530.90M | — | 379.90M | 213.50M |
| Q4 FY1994 | 31 Dec 1994 | 595.40M | — | 379.10M | 714.40M |
| Q3 FY1994 | 30 Sept 1994 | 0.00 | -100.00% | 352.40M | 1.06B |
| Q2 FY1994 | 30 Jun 1994 | 0.00 | -100.00% | 351.70M | 867.10M |
| Q1 FY1994 | 31 Mar 1994 | 0.00 | -100.00% | 350.90M | 491.30M |
| Q4 FY1993 | 31 Dec 1993 | 0.00 | -100.00% | 318.10M | 593.90M |
| Q3 FY1993 | 30 Sept 1993 | 50.90M | -75.73% | 284.50M | 779.90M |
| Q2 FY1993 | 30 Jun 1993 | 139.50M | -30.46% | 285.50M | 179.20M |
| Q1 FY1993 | 31 Mar 1993 | 180.60M | +36.61% | 286.30M | 482.80M |
| Q4 FY1992 | 31 Dec 1992 | 320.40M | +602.63% | 288.30M | 493.10M |
| Q3 FY1992 | 30 Sept 1992 | 209.70M | +524.11% | 265.60M | 471.80M |
| Q2 FY1992 | 30 Jun 1992 | 200.60M | +347.77% | 266.70M | 139.70M |
| Q1 FY1992 | 31 Mar 1992 | 132.20M | +119.97% | 243.70M | 333.20M |
| Q4 FY1991 | 31 Dec 1991 | 45.60M | -68.68% | 243.30M | 386.60M |
| Q3 FY1991 | 30 Sept 1991 | 33.60M | -84.31% | 216.60M | 470.10M |
| Q2 FY1991 | 30 Jun 1991 | 44.80M | -61.41% | 217.00M | 71.50M |
| Q1 FY1991 | 31 Mar 1991 | 60.10M | -77.65% | 216.30M | 464.30M |
| Q4 FY1990 | 31 Dec 1990 | 145.60M | +496.72% | 218.50M | 368.00M |
| Q3 FY1990 | 30 Sept 1990 | 214.20M | — | 176.00M | 343.50M |
| Q2 FY1990 | 30 Jun 1990 | 116.10M | — | 177.50M | 268.20M |
| Q1 FY1990 | 31 Mar 1990 | 268.90M | — | 177.40M | 405.10M |
| Q4 FY1989 | 31 Dec 1989 | 24.40M | — | 178.00M | 175.40M |
Figures in USD. Free cash flow is operating cash flow less capital expenditure. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
The money spent buying back the company's own shares in each period, from the cash flow statement.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Cash flow
Common questions about Merck & Co's buybacks
Source: Financial Modeling Prep
