NVS

Novartis
D

NVS

Arincen80/100B

Novartis stock buybacks 1998–2026

Novartis spent 1.20B USD buying back its shares in Q2 FY2026, the three months to 30 June 2026, down 55.9% on the same quarter a year before. Novartis spent 6.85B USD buying back its shares over the last twelve months, down 38.0% on the twelve months before. In fiscal year 2025 it spent 9.26B USD, up 11.1% on the year before.

Last updated 8 Nov 2026 · Next report 3 Feb 2027

Stock buybacks

Growth

Fiscal yearPeriod endingStock buybacksGrowthDividends paidFree cash flow
TTM30 Jun 20266.85B-37.96%9.02B15.82B
FY202531 Dec 20259.26B+11.14%7.82B17.59B
FY202431 Dec 20248.33B-4.45%7.62B13.81B
FY202331 Dec 20238.72B-18.15%7.26B11.71B
FY202231 Dec 202210.65B+248.45%7.51B12.00B
FY202131 Dec 20213.06B+7.57%7.37B12.52B
FY202031 Dec 20202.84B-48.64%6.99B11.07B
FY201931 Dec 20195.53B+171.76%6.65B11.37B
FY201831 Dec 20182.04B-62.91%6.97B10.92B
FY201731 Dec 20175.49B+395.04%6.50B9.88B
FY201631 Dec 20161.11B-81.73%6.48B8.60B
FY201531 Dec 20156.07B-12.21%6.64B8.05B
FY201431 Dec 20146.92B+136.01%6.81B10.19B
FY201331 Dec 20132.93B+480.20%6.10B9.40B
FY201231 Dec 2012505.00M-86.08%6.03B10.89B
FY201131 Dec 20113.63B+1,066.56%5.37B11.92B
FY201031 Dec 2010311.00M-32.54%4.49B11.84B
FY200931 Dec 2009461.00M-86.23%3.94B9.46B
FY200831 Dec 20083.35B-48.08%3.35B7.45B
FY200731 Dec 20076.45B+1,516.04%2.60B6.08B
FY200631 Dec 2006399.00M+72.73%2.05B6.39B
FY200531 Dec 2005231.00M-87.31%2.11B6.53B
FY200431 Dec 20041.82B+494.77%1.90B5.28B
FY200331 Dec 2003306.00M-90.52%1.66B5.11B
FY200231 Dec 20023.23B+39.02%1.37B4.64B
FY200131 Dec 20012.32B+221.61%1.27B3.62B
FY200031 Dec 2000722.00M-40.08%1.28B3.82B
FY199931 Dec 19991.21B+7,795.62%1.22B3.47B
FY199831 Dec 199815.26M—0.003.15B

Figures in USD. Free cash flow is operating cash flow less capital expenditure; owner earnings take off only the spending that keeps the business as it is, not the spending to grow it (an estimate by Financial Modeling Prep). 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 Novartis's buybacks

Source: Financial Modeling Prep