S&P 500 Buybacks as a Percentage of Market Capitalization

S&P 500 Buybacks This year’s spike in S&P 500 buybacks suggests that, in the face of market volatility and economic challenges, companies are prioritizing shareholder returns and seeking to stabilize their stock prices. Image: Deutsche Bank Asset Allocation

S&P 500 Buyback Index

S&P 500 Buyback Index Stock buybacks continue to increase which is good news for U.S. stocks. Image: TS Lombard

Cumulative S&P 500 Buybacks 2009-2019

Cumulative S&P 500 Buybacks 2009-2019 Are buybacks driving the show? Thanks to tax cuts and low interest rates, corporate stock buybacks are booming. Over the past decade, S&P 500 companies bought back $5 trillion shares, while cumulative flows from households and foreigners are only a drop in the bucket. But what would happend if companies reinvested instead…

S&P 500 Buyback Index vs. S&P 500 Total Return Index

S&P 500 Buyback Index vs. S&P 500 Total Return Index This chart clearly shows the large divergence between the S&P 500 Buyback Index and the S&P 500 Total Return Index. Image: Real Investment Advice

S&P 500 Buybacks Index

S&P 500 Buybacks Index The S&P 500 Buyback Index is down on a YoY basis. As a reminder, buybacks are the source of the rally in the stock market since 2009. Image: Crescat Capital LLC

Stock Buybacks vs. S&P 500

Stock Buybacks vs. S&P 500 Stock buybacks remain a key driver of support for the S&P 500, primarily by strengthening company finances, boosting investor confidence, and increasing liquidity. Repurchasing activity is likely to continue through May. Image: Real Investment Advice