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Companies / Health Care / Biotechnology

Moderna stock buybacks

MRNA
—No share repurchases in the company’s standard SEC financial data for the last twelve months.

Moderna’s filings haven’t reported share repurchases in standard form since Q4 2024.

Stock repurchases by quarter
−$1M$0$750M$1.5BQ1 '21Q1 '22Q1 '23Q1 '24Q1 '25Q2 '26
Show as table
PeriodValue
Q1 '21$0
Q2 '21$0
Q3 '21$0
Q4 '21$857M
Q1 '22$623M
Q2 '22$1.3B
Q3 '22$1.0B
Q4 '22$402M
Q1 '23$526M
Q2 '23$628M
Q3 '23−$1M
Q4 '23$0
Q1 '24$0
Q2 '24$0
Q3 '24$0
Q4 '24$0
Q1 '25$0
Q2 '25$0
Q3 '25$0
Q4 '25$0
Q1 '26$0
Q2 '26$0
Diluted shares outstanding
364.3M397.5M430.7MQ1 '21Q1 '22Q1 '23Q1 '24Q1 '25Q2 '26
Show as table
PeriodValue
Q1 '21430.0M
Q2 '21431.0M
Q3 '21434.0M
Q4 '21429.0M
Q1 '22426.0M
Q2 '22419.0M
Q3 '22412.0M
Q4 '22407.0M
Q1 '23405.0M
Q2 '23381.0M
Q3 '23381.0M
Q4 '23361.0M
Q1 '24382.0M
Q2 '24384.0M
Q3 '24399.0M
Q4 '24371.0M
Q1 '25386.0M
Q2 '25388.0M
Q3 '25390.0M
Q4 '25392.0M
Q1 '26395.0M
Q2 '26398.0M
$0last quarter (Q2 2026)
−$462Mnet of stock compensation ($462M)
+2.6%diluted shares, 1 year
+2.1%diluted shares, 5 years
—dividends, 12 months
—of free cash flow (−$1.2B) spent on buybacks
$0raised by issuing stock, 12 months
$1.7Bleft under its authorization as of Dec 31, 2025

Moderna’s recent filings don’t report repurchases in the standard XBRL fields we read. That usually means it didn’t buy back stock, but some companies report buybacks only in custom fields. Check its latest 10-Q to be sure.

By fiscal year

Fiscal yearBuybacksDividendsStock payFree cash flowDiluted sharesFiling
2025$2M—$483M−$2.1B389.0M10-K
2024$0—$429M−$4.1B384.0M10-K
2023$1.2B—$305M−$3.8B382.0M10-K
2022$3.3B—$226M$4.6B416.0M10-K
2021$857M—$142M$13.3B431.0M10-K
2020$0—$93M$2.0B381.0M10-K
2019$0—$81M−$491M331.0M10-K

Questions

Does Moderna buy back its stock?
Moderna’s filings haven’t reported share repurchases in standard form since Q4 2024.
How much did Moderna spend on buybacks in fiscal 2025?
$2M, according to its 10-K for the fiscal year ending Dec 31, 2025.
Is Moderna's share count going down?
Its diluted share count changed +2.1% over five fiscal years and +2.6% over the last year.
Does Moderna have a buyback authorization?
Its filings show $1.7B remaining under its repurchase authorization as of Dec 31, 2025.

Latest filing used: 10-Q for the period ending Jun 30, 2026, filed Jul 31, 2026 · open on SEC.gov

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