IPO and Secondary Offerings Net S&P 500 Buybacks
IPO and Secondary Offerings Net S&P 500 Buybacks This is the first time since 2009 that equity issuance is higher than S&P 500 buybacks. Image: BofA Global Investment Strategy
IPO and Secondary Offerings Net S&P 500 Buybacks This is the first time since 2009 that equity issuance is higher than S&P 500 buybacks. Image: BofA Global Investment Strategy
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
European and U.S. Buybacks Volumes Bye-bye buybacks! Buyback volumes have fallen sharply this year. Image: J.P. Morgan
Buybacks – Announced Share Repurchases for S&P 500 Companies S&P 500 buybacks fell to $88.7 billion in the second quarter. The trend is expected to continue in the third quarter. Image: J.P. Morgan
Buybacks and S&P 500 Returns Chart suggesting that there is no evidence that buybacks blackouts represent a risk to markets. Image: BofA Securities
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
S&P 500 Announced and Completed Buybacks The coronavirus pandemic stops announced buybacks. Image: BofA US Equity & US Quant Strategy
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
Sector Breakdown of 164 Companies that Discussed Suspending Buybacks and/or Dividends Corporate share buybacks are declining amid the coronavirus pandemic. Image: Goldman Sachs Global Investment Research
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 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