Search Results for: stock buybacks

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

Financials Corporate Client Buybacks and Percent of Sector Market Capitalization Financials buybacks are booming, which is good news for financial stocks. Image: BofA Securities

Buybacks Announced Stock buyback announcements continue to increase and that’s good news for stocks. Image: BCA Research

Implied Trailing 12-Month Buybacks Goldman Sachs expects a sharp decline in buybacks in 2020 and 2021, suggesting less support for stock prices and slower EPS growth. Image: Goldman Sachs Global Investment Research

Buybacks – S&P 500 Annual Share Repurchases Goldman Sachs expects stock buybacks among S&P 500 companies to drop 5% to $675 billion this year. Image: Goldman Sachs Global Investment Research

U.S. Buybacks – Quarterly Share Repurchases by S&P 500 Companies CEOs are worried about the economy and U.S. companies are spending less on stock buybacks, amid the trade war. Image: Financial Times

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…

Buybacks – Cumulative Net Buying of U.S. Corporate Equity This chart shows that since 2009, buybacks have been the source of the rally in the U.S. stock market. Image: Oxford Economics, Macrobond

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

Share Buybacks in China Chinese companies are buying back record amounts of stocks. Image: Goldman Sachs Global Investment Research

Why Are Dividends and Buybacks Hitting Record Highs? Corporate stock buybacks and dividends are booming, thanks to the tax cuts and low interest rates.Unfortunately, artificially low interest rates are associated with unnecessary debt and a rise of corporate debt-to-GDP since the Great Recession.