Bought back $53.6M of its own shares, 0.9× what it paid in stock
Dilution: new shares, stock pay and buybacks
Shares offered
Since Nov 12, 2023: 1 sale of new shares, 2 registrations of shares for a merger, units or notes; also 1 debt shelf, 11 resales by holders, 19 updates to earlier prospectuses.
- Nov 6, 2026 Shares for a merger, units or notes 424B3
- Jul 15, 2024 Sale of 38.0M new shares 424B3
- Feb 16, 2024 Up to 135.9M shares for a merger, units or notes 424B4
Every offering filing →“424B3 djt20261104_424b3.htm FORM 424B3 Filed Pursuant to Rule 424(b)(3) File No. 333-299201 MERGER PROPOSED - YOUR VOTE IS VERY IMPORTANT To the Shareholders of Trump Media & Technology Group Corp.: On behalf of the board of directors of Trump Media & Technology Group Corp. (“TMTG”), we are pleased to enclose the accompanying proxy statement/prospectus/consent solicitation statement relating to, among other matters, …”
424B3, Nov 6, 2026 ↗
Diluted shares: 254.54M in the year to Dec 31, 2025 2025 +50.1%2024 +93.9%2023 0.0%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How
Where the cash came from and where it went
FY2025, from the cash flow statement in the 10-K, added up.
Came from
| Operating cash flow | $14.8M |
| Cash on hand used | $4.3M |
| Other, net investments bought and sold, other financing and investing lines, and exchange rates |
$35.1M |
Went to
| Capital spending | $574K |
| Buybacks | $53.6M |
Each number is a line of the cash flow statement as the company tagged it. "Other, net" is what those lines do not cover (investments bought and sold, other financing and investing lines, and exchange rates); Tickdelta does not estimate it.
Buybacks, dividends and share count
| Fiscal year to | Buybacks | Dividends | Stock pay | Shares issued for cash | Diluted shares |
|---|---|---|---|---|---|
| 2025-12-31 | $53.6M | - | $59.2M | $0 | 254.54M |
| 2024-12-31 | $2.9M | - | $107.4M | $449.9M | 169.63M |
| 2023-12-31 | $0 | - | $0 | $0 | 87.50M |
| 2022-12-31 | $0 | - | $0 | $0 | 87.50M |
| 2021-12-31 | - | - | - | $25K | - |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: buybacks = PaymentsForRepurchaseOfCommonStock; sbc = ShareBasedCompensation; issuance = ProceedsFromIssuanceOfCommonStock; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.
What it paid for each share it bought back
What DJT paid on average for each share it bought back, each fiscal year: dollars spent divided by shares bought, both from the 10-K.
| Fiscal year to | Shares bought | Spent | Average price | |
|---|---|---|---|---|
| 2025-12-31 | 3.86M | $45.3M | $11.76 |
Shares and dollars from the statement of shareholders' equity (the cash flow line also counts shares withheld for taxes, so it is not used). Share counts filed before a stock split are put on today's count. A year where the 10-K does not tag both numbers is left out.