Stock Buybacks by Companies in the S&P 500 Index Bye-bye buybacks! S&P 500 buybacks fell to $88.7 billion in the second quarter, the lowest level since 2012. Image: CNBC
Stock Buybacks Since 2000 Thanks to tax cuts and low interest rates, the stock market should get around $1 trillion boost via buybacks this year. Image: Goldman Sachs Global Investment Research
Stock Buybacks Topped Capital Expenditures for the First Time since 2008 Thanks to corporate tax cuts, stock buybacks hit an all-time high and topped capital expenditures for the first time since 2008. As a reminder, 2008 was the start of the global financial crisis.
U.S. Corporate Stock Buybacks Are Booming Since 2010! Thanks to tax cuts and low interest rates. What would happen if companies reinvested instead of buying their own shares? Unfortunately, artificially low interest rates are associated with unnecessary debt. See how corporate debt-to-GDP has increased since the Great Recession.
Buybacks Are the Source of the Rally in the Stock Market since 2009 But as trade tensions and economic slowdown worry U.S. firms, stock buybacks declined last quarter. Image: Deutsche Bank Global Research
Corporate Clients’ 4-Week Average Buybacks vs. S&P 500 Total Quarterly Buybacks Buybacks by corporate clients are accelerating, which is good news for stocks. Image: BofA Global Research
Corporate Clients – Buybacks (4-Week Average) Stock buybacks remain elevated, which is good news for stocks. Image: BofA Global Research
Financials Corporate Client Buybacks and Percent of Sector Market Capitalization Financials buybacks are booming, which is good news for financial stocks. Image: BofA Securities
Announced Share Repurchases (U.S. Buybacks) Announced share repurchases are still above the 3-year average, which is good news for stocks. Image: J.P. Morgan
Buybacks Announced Stock buyback announcements continue to increase and that’s good news for stocks. Image: BCA Research