S&P 500 Share Buyback Announcements

S&P 500 Share Buyback Announcements The coronavirus pandemic stops share repurchases. Buyback authorizations have declined by 66% year-over-year. Image: Goldman Sachs Global Investment Research

Buybacks and S&P 500 Returns

Buybacks and S&P 500 Returns Chart suggesting that there is no evidence that buybacks blackouts represent a risk to markets. Image: BofA Securities

S&P 500 Sectors Announced Buybacks

S&P 500 Sectors Announced Buybacks This chart puts into perspective announced share buybacks by sector in the United States. Image: Deutsche Bank Asset Allocation

U.S. Buybacks

U.S. Buybacks Goldman Sachs expects buybacks to fall by 50% during 2020 compared with 2019 levels, suggesting slower EPS growth and less support for stock prices. Image: Goldman Sachs Global Investment Research

Implied Trailing 12-Month Buybacks

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