Share Buybacks in China
Share Buybacks in China Chinese companies are buying back record amounts of stocks. Image: Goldman Sachs Global Investment Research
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.
S&P 500 Dividend Yields vs. 10-Year Treasury Yields S&P 500 dividend yields are near historic lows, close to levels seen during the 2000 tech bubble, due to high valuations and companies favoring stock buybacks over dividends, challenging income-focused investors relying on dividends. Image: Deutsche Bank
S&P 500 EPS Yield – IG Yield vs. TTM Buyback Yield Higher borrowing costs can discourage companies from engaging in stock buybacks. Image: BofA US Equity & Quant Strategy
S&P 500 Buyback Index Stock buybacks continue to increase which is good news for U.S. stocks. Image: TS Lombard
S&P 500 Payout Ratio Stock buybacks and dividends as a percentage of free cash flow are reaching dangerous levels. Image: MarketWatch
YoY Growth in S&P 500 Cash Use S&P 500 companies are shifting cash to capex, led by AI, while buybacks stall. The result may be weaker EPS support and a thinner cushion for stock prices. Image: Goldman Sachs Global Investment Research
Announced Share Buybacks in the U.S. The ongoing pipeline of stock repurchase programs demonstrates strong confidence among executives and continues to underpin the U.S. stock market through 2025 and beyond. Image: Bloomberg
Buyback Announcements In 2025, U.S. companies are announcing record levels of share buybacks, aiming to return cash to shareholders, stabilize stock prices, and enhance EPS as they navigate economic and policy uncertainty. Image: Bloomberg
S&P 500 Buyback Index vs. S&P 500 Could buybacks support U.S. stocks in the near-term? Image: Topdown Charts
Does Quantitative Easing Affect Valuation? More fundamentally, low interest rates, high margins, low taxes, buybacks & free cash flow drive stocks higher. Image: Fidelity Investments