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Fourth-Quarter 2014 Corporate Buyback Scorecard; 251–278

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Scorecard Stock Buybacks Wrestle with an Aging BullBest & Worst Companies Industry Comparisons

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 $3,5438.7%25.3%-5.6%18.1%
 Median $24,279$1,7447.3%24.5%-4.7%17.2%
251The AES Corp.Utilities9,819 6306.415.2-15.8-3.0
252Precision Castparts Corp.Capital Goods34,333 1,4574.214.7-15.5-3.1
253ViacomMedia30,900 8,247 26.719.9-19.2-3.2
254Fossil Group Consumer Durables and Apparel5,657 1,020 18.09.3-12.5-4.4
255The GapRetailing17,837 2,158 12.19.0-12.6-4.7
256Joy Global Capital Goods4,530 53311.8-5.90.4-5.5
257Xilinx Semiconductors and Semiconductor Equipment11,448 7266.315.5-18.2-5.6
258General Motors Co.Automobiles and Components56,150 5,715 10.214.2-18.6-7.1
259Hess Corp. Energy22,070 5,217 23.624.6-25.8-7.6
260FMC Corp.Materials7,600 3724.92.0-10.1-8.3
261International Business Machines Corp.Software and Services158,781 20,305 12.8-5.7-3.7-9.2
262Marathon Oil Corp.Energy19,093 1,5007.94.4-13.3-9.5
263The Mosaic Co.Materials16,951 2,762 16.3-7.6-2.1-9.5
264Cameron International Corp.Energy9,862 2,975 30.21.5-11.0-9.7
265Teradata Corp.Software and Services6,683 93314.0-19.010.6-10.4
266Occidental Petroleum Corp.Energy62,507 3,443 5.58.1-17.7-11.0
267Murphy Oil Corp.Energyl8,967 8759.83.8-15.0-11.7
268Juniper NetworksTechnology Hardware and Equipment9,655 2,840 29.49.6-19.8-12.1
269The ADT Corp.Commercial and Professional Services6,323 2,698 42.7-7.9-5.7-13.2
270Urban Outfitters Retailing4,625 50010.8-6.8-8.6-14.8
271Discovery CommunicationsMedia22,900 2,727 11.97.6-20.9-14.9
272Ford Motor Co.Automobiles and Components59,655 2,177 3.619.1-33.8-21.1
273Fluor Corp.Capital Goods9,472 97510.37.7-27.1-21.4
274MattelConsumer Durables and Apparels10,485 6706.4-4.7-17.8-21.7
275Apache Corp.Energy$23,594 2,861 12.1-5.0-22.9-26.7
276CoachConsumer Durables and Apparel10,351 5255.1-18.8-15.5-31.4
277Denbury Resources Energy2,834 49317.4-18.2-22.6-36.7
278Nabors Industries Ltd.Energy3,757 2506.76.6-88.1-87.3
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.