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Fourth-Quarter 2014 Corporate Buyback Scorecard; 151–200

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The table below ranks the 278 companies in the S&P 500 that bought back at least 4 percent of their shares from December 31, 2013, through December 31, 2014. 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—278
Company Industry Market
Capitalization
$ Total
Buyback
$ Total
Buyback
/ Market Cap
Buyback
Strategy
Buyback
Effectiveness
Buyback ROI
 Average $49,204 $3,543 8.7%25.3%-5.6%18.1%
 Median $24,279 $1,744 7.3%24.5%-4.7%17.2%
151U.S. BancorpBanks80,433 4,482 5.617.3-1.415.7
152VeriSignSoftware and Services6,902 1,919 27.817.8-1.915.5
153Bank of America Corp.Banks188,139 4,895 2.632.1-12.515.5
154Honeywell International Capital Goods78,218 1,997 2.627.3-9.415.3
155Dollar General Corp.Retailing21,452 1,420 6.617.1-1.515.2
156State Street Corp.Diversified Financials32,773 4,111 12.532.0-12.715.2
157The Chubb Corp.Insurance24,400 2,835 11.616.3-1.015.2
158Northern Trust Corp.Diversified Financials15,873 7905.020.5-4.515.1
159Parker-Hannifin Corp.Capital Goods19,168 1,176 6.124.8-7.914.9
160Oracle Corp.Software and Services197,480 18,849 9.515.0-0.114.9
161The Procter & Gamble Co.Household and Personal Products246,136 11,259 4.616.6-1.514.8
162American Express Co.Diversified Financials96,266 8,372 8.727.3-9.914.7
163Dollar TreeRetailing14,474 1,112 7.724.2-7.714.6
164Capital One Financial Corp.Diversified Financialst46,337 3,078 6.619.7-4.514.3
165Valero Energy Corp.Energy25,802 1,995 7.733.2-14.613.7
166Torchmark Corp.Insurance6,969 93213.425.8-9.713.7
167KeyCorp.Banks12,042 6415.328.5-11.913.2
168Kohl's Corp.Retailing12,331 1,508 12.211.51.313.0
169Mondelez InternationalFood, Beverage and Tobacco61,023 2,493 4.119.7-6.012.6
170Marathon Petroleum Corp.Energy25,290 4,924 19.526.4-10.912.6
171XL Group Insurance8,869 1,47816.719.9-6.212.5
172Twenty-First Century FoxMedia81,596 7,094 8.729.0-12.812.4
173The Western Union Co.Software and Services9,360 8959.612.5-0.412.1
174Comerica Banks8,417 5516.527.8-12.412.0
175Unum GroupInsurance8,789 6237.131.5-14.812.0
176PulteGroupConsumer Durables and Apparel7,957 3814.89.42.311.9
177Colgate-Palmolive Co.Household and Personal Products63,060 3,051 4.815.1-3.011.7
178Dover Corp.Capital Goods11,860 1,062 9.025.0-10.911.4
179AutoNation Retailing6,835 5558.114.9-3.111.3
180Cummins Capital Goods26,180 1,051 4.022.3-9.111.2
181Symantec Corp.Software and Services17,706 1,000 5.619.3-6.811.2
182FLIR SystemsTechnology Hardware and Equipment4,552 3016.627.3-13.010.7
183Varian Medical SystemsHealthcare Equipment and Services8,667 1,070 12.313.0-2.010.7
184AirgasMaterials8,604 3784.415.7-4.310.7
185The PNC Financial Services GroupBanks48,006 1,200 2.524.9-11.710.3
186Prudential FinancialInsurance41,431 1,738 4.230.1-15.210.3
187Accenture Software and Services56,098 5,553 9.912.9-2.510.1
188Phillips 66Energy39,687 4,528 11.425.7-12.59.9
189The Coca-Cola Co.Food, Beverage and Tobacco184,928 8,994 4.910.1-0.29.8
190NetAppTechnology Hardware and Equipment12,920 2,980 23.117.6-6.79.7
191Citrix SystemsSoftware and Services10,270 2,047 19.90.59.19.6
192Citigroup Banks163,926 3,029 1.820.4-9.19.5
193People's United Financial Banks4,553 46410.215.4-5.29.4
194LyondellBasell Industries Materials39,748 5,871 14.834.4-18.69.4
195Bed Bath & Beyond Retailing14,110 3,058 21.79.00.09.0
196Wal-Mart Stores Food and Staples Retailing276,808 7,698 2.88.70.18.8
197Waters Corp.Pharmaceuticals, Biotechnology and Life Sciences9,387 6396.814.2-4.98.6
198General Electric Co.Capital Goods253,766 12,598 5.013.0-4.28.3
199Coca-Cola Enterprises Food, Beverage and Tobacco10,689 1,91817.920.0-9.88.2
200Tyco International Ltd.Commercial and Professional Services18,354 2,500 13.625.4-14.17.7
Source: Fortuna Advisors Analysis using data from the Capital IQ database. Financial Data from December 2013 to December 2014. Includes the 493 members of the current S&P 500 that were public for the full period. Market Capitalization as of: 12/31/2014. Companies included here if $ Total Buyback / Market Capitalization is greater than 4% or if $ Total Buyback is greater than $1 billion..