U.S. Share Buybacks and Dividends Over the past 20 years, U.S. corporates have clearly favored buybacks over dividends, reflecting a shift towards prioritizing shareholder value through capital appreciation rather than regular income distributions. Image: BofA Global Research
S&P 500 Share Buybacks $7.6 trillion of S&P 500 share buybacks over the last 10 years. While buybacks can benefit shareholders, critics argue that funds could have been better spent on research, development, and employee wages. Image: Goldman Sachs Global Investment Research
Tech – Nasdaq-100 Share Issued Less Share Buybacks Nasdaq-100 companies continue to increase shares. Image: Morgan Stanley Wealth Management
U.S. Share Buybacks Will U.S. share buybacks in 2022 surpass last year’s pace? Image: Goldman Sachs Global Investment Research
Announced Share Buybacks in the U.S. This chart puts into perspective the year-to-date running total of announced share buybacks in the U.S., Share buybacks surged to record highs this year, which is good news for U.S. stocks. Image: Fidelity Investments
Cumulative Share Buybacks by Sector U.S. companies have spent $11 trillion on share repurchases since 2004, which has helped drive the U.S. stock market to record levels. Image: Fidelity Investments
S&P 500 Net Debt vs. Share Buybacks U.S. companies are ramping up share buybacks. Funding is coming in part from a rise in debt. Image: Societe Generale Cross Asset Research
U.S. Share Buybacks and VIX Interesting chart suggesting the relationship between U.S. share buybacks and VIX. Image: Societe Generale Cross Asset Research
Share Buybacks in China Chinese companies are buying back record amounts of stocks. Image: Goldman Sachs Global Investment Research
Share Buybacks by Month Excluding 2008, August and November are generally the busiest months for buyback executions in the past decade. Image: Goldman Sachs Global Investment Research
S&P 500 Share Buybacks by Quarter Share buybacks have contracted for the first time since 2017, as trade tensions and economic slowdown worry U.S. firms. Image: The Wall Street Journal