Buyback
Scorecard
Stock Buybacks Prepare for the Bear Market
Best & Worst Companies
Industry Comparisons
The table below ranks the 284 companies in the S&P 500 that bought back at least 4 percent of their shares from June 30, 2013, through June 30, 2015. The companies are ranked according to their return on investment from these repurchases. As calculated by Fortuna Advisors, a New York City-based consultancy that compiled the data for Institutional Investor, buyback ROI measures the overall rate of return of buybacks, based on the internal rate of return of the cash flows associated with them. Buyback strategy tracks the performance of the underlying stock in terms of annualized total shareholder return. Once Fortuna determines buyback ROI and buyback strategy, buyback effectiveness can then be calculated as simply the difference between the two, determined as compounded return.
How the S&P 500 Stack Up
as Stock Repurchasers
1—50 | 51—100 | 101—150 | 151—200 | 201—250 | 251—284
Company Industry Market
Capitalization $ Total
Buyback $ Total
Buyback
/ Market Cap Buyback
Strategy Buyback
Effectiveness Buyback ROI Average $49,337 $3,692 9.5% 17.8% -3.2% 14.2% Median $22,959 $1,908 7.6% 17.9% -3.7% 14.9% 201 Coca-Cola Enterprises Food, Beverage and Tobacco 10,121 1,837 18.2 12.9 -6.5 5.6 202 Xilinx Semiconductors and Semiconductor Equipment 11,423 1,001 8.8 11.1 -5.4 5.1 203 Prudential Financial Insurance 39,647 2,654 6.7 17.3 -10.4 5.1 204 Aflac Insurance 26,988 2,584 9.6 10.7 -5.1 5.0 205 AT&T Telecommunication Services 184,455 5,428 2.9 1.7 3.2 5.0 206 Regions Financial Corp. Banks 13,886 697 5.0 9.3 -4.2 4.8 207 United Technologies Corp. Capital Goods 98,750 5,030 5.1 13.8 -8.1 4.7 208 Johnson & Johnson Pharmaceuticals, Biotechnology and Life Sciences 270,261 13,756 5.1 11.7 -6.4 4.6 209 United Parcel Service Transportation 87,420 6,014 6.9 10.6 -5.6 4.4 210 McDonald's Corp. Consumer Services 91,126 6,366 7.0 1.6 2.7 4.3 211 Hewlett-Packard Co. Technology Hardware and Equipment 54,211 5,789 10.7 23.1 -15.3 4.2 212 Kellogg Co. Food, Beverage and Tobacco 22,127 975 4.4 2.6 1.5 4.1 213 KLA-Tencor Corp. Semiconductors and Semiconductor Equipment 8,989 844 9.4 18.8 -12.4 4.0 214 Fifth Third Bancorp Banks 16,863 1,645 9.8 10.5 -5.9 4.0 215 Discover Financial Services Diversified Financials 25,497 3,104 12.2 15.0 -10.0 3.5 216 CBS Corp. Media 27,314 5,250 19.2 13.6 -9.0 3.3 217 CA Software and Services 12,973 723 5.6 11.3 -7.2 3.3 218 The Coca-Cola Co. Food, Beverage and Tobacco 170,992 7,314 4.3 2.1 1.1 3.3 219 Materials 49,867 8,304 16.7 7.0 -3.9 2.8 220 Wal-Mart Stores Food and Staples Retailing 228,434 4,885 2.1 2.2 0.1 2.3 221 Parker-Hannifin Corp. Capital Goods 16,132 1,602 9.9 15.6 -12.0 1.7 222 The Procter & Gamble Co. Household and Personal Products 212,265 10,609 5.0 4.4 -2.6 1.7 223 Philip Morris International Food, Beverage and Tobacco 124,195 6,817 5.5 -1.5 3.3 1.7 224 Schlumberger Ltd. Energy 109,438 5,793 5.3 12.3 -9.8 1.4 225 GameStop Corp. Retailing 4,585 582 12.7 11.1 -9.1 0.9 226 Quanta Services Capital Goods 6,105 399 6.5 2.6 -1.8 0.8 227 EMC Corp. Technology Hardware and Equipment 51,251 7,056 13.8 8.1 -6.8 0.7 228 Cummins Capital Goods 23,655 1,276 5.4 12.3 -10.7 0.3 229 The ADT Corp. Commercial and Professional Services 5,750 1,721 29.9 -3.4 3.4 -0.1 230 United Rentals Capital Goods 8,497 1,145 13.5 34.1 -25.6 -0.2 231 Twenty-First Century Fox Media 66,701 9,711 14.6 10.3 -9.8 -0.4 232 Whole Foods Market Food and Staples Retailing 14,131 803 5.7 -2.8 2.2 -0.6 233 Franklin Resources Diversified Financials 30,354 1,256 4.1 1.7 -2.6 -0.9 234 W.W. Grainger Capital Goods 15,837 1,204 7.6 0.6 -2.0 -1.5 235 QUALCOMM Technology Hardware and Equipment 102,097 16,886 16.5 5.7 -7.1 -1.8 236 The AES Corp. Utilities 9,049 919 10.2 4.5 -6.1 -1.8 237 Dover Corp. Capital Goods 11,256 1,208 10.7 10.8 -11.5 -2.0 238 Halliburton Co. Energy 36,647 4,141 11.3 6.3 -7.9 -2.1 239 Eastman Chemical Co. Materials 12,189 611 5.0 7.1 -8.8 -2.4 240 The Mosaic Co. Materials 17,106 3,396 19.9 -11.0 9.6 -2.4 241 Praxair Materials 34,467 1,576 4.6 5.6 -7.6 -2.5 242 The Gap Retailing 15,930 2,695 16.9 2.2 -4.7 -2.6 243 Xerox Corp. Software and Services 11,746 1,844 15.7 17.5 -17.2 -2.7 244 FLIR Systems Technology Hardware and Equipment 4,319 216 5.0 13.3 -14.3 -2.9 245 Emerson Electric Co. Capital Goods 37,044 3,626 9.8 5.1 8.1 -3.4 246 Tyco International Ltd. Commercial and Professional Services 16,201 2,250 13.9 13.4 -15.4 -4.0 247 International Business Machines Corp. Software and Services 160,177 23,639 14.8 -6.9 2.8 -4.3 248 Ford Motor Co. Automobiles and Components 59,670 2,181 3.7 7.3 -11.1 -4.7 249 Motorola Solutions Technology Hardware and Equipment 12,095 4,271 35.3 3.1 -8.1 -5.2 250 Exxon Mobil Corp. Energy 347,868 22,313 6.4 0.6 -6.4 -5.9 Source: Fortuna Advisors Analysis using data from the Capital IQ database. Financial Data from June 2013 to June 2015. Includes the 488 members of the current S&P 500 that were public for the full period. Market Capitalization as of: 06/30/2015. Companies included here if $ Total Buyback / Market Capitalization is greater than 4% or if $ Total Buyback is greater than $1 billion..