S&P 500 EPS Yield – IG Yield vs. TTM Buyback Yield
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 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
Announced Share Repurchases (U.S. Buybacks) Announced share repurchases are still strong, which is good news for U.S. stocks. Image: J.P. Morgan
S&P 500 YoY Growth – Buybacks vs. Capex and R&D Will S&P 500 buyback growth continue to slow? 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
S&P 500 Buyback Index vs. S&P 500 Could buybacks support U.S. stocks in the near-term? Image: Topdown Charts
Buybacks – Annualized Performance Buybacks at high valuations might destroy shareholder value. Image: BofA US Equity & Quant Strategy
Buybacks – S&P 500 Index Return Decomposition Share buybacks account for a large portion of the total return of the S&P 500 Index. Image: True Insights
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
Number of U.S. Public Companies vs. the Net Percentage of Share Buyback for the S&P 500 The number of U.S. publicly traded companies is on the rise, thanks to a strong bull market. Image: BofA US Equity & Quant Strategy