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Buyback tracker · FY2024

COP buyback program

ConocoPhillips · Energy

FY2024 repurchased
$7.4B
5y average
$5.5B
Authorization
$20.0B
Approved 2024-11-26
Buyback yield
5.9%
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Source

Data from 10-K filed 2025-02-19. Authorization expanded by $20B in Nov 2024 8-K coincident with Marathon Oil acquisition close.

→ View filing on SEC EDGAR
Buyback authorization ≠ execution. Board authorizations cap the maximum dollars that can be repurchased; actual pace varies with price and capital allocation decisions. See our methodology guide for a full explainer, or compare against buybacks vs dividends.

Frequently asked questions

How much did COP repurchase in FY2024?

ConocoPhillips (COP) repurchased $7.4B of its own shares in FY2024. Board-authorized buyback ceiling: $20.0B. Buyback yield (annual repurchase / market cap): 5.9%. Source: 10-K filed 2025-02-19.

What is COP's buyback yield?

COP buyback yield is 5.9% (annual repurchase ÷ market cap). HoldLens rank by yield: #2; rank by $ repurchased: #16 of 25 tracked buyback programs.

Does a buyback signal that COP is undervalued?

Buybacks are typically interpreted as a signal that management considers shares undervalued — but they can also reflect capital-return preference over reinvestment, or executive-comp dilution offset. The signal depends on price-discipline (buying low vs at peaks), payout ratio sustainability, and concurrent insider transactions. HoldLens displays the raw data without verdict labels; see /methodology for analytical framing.

Where does HoldLens get COP buyback data?

SEC filings (10-K filed 2025-02-19). Buyback figures cross-checked against the company's annual report and quarterly 10-Q updates. HoldLens does not estimate — every figure cites its filing source. See /methodology for refresh cadence.