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First-Quarter 2015 Corporate Buyback Scorecard; 251–276

Scorecard As Stocks Edge Higher, Buyback Programs Get RiskierBest & Worst CompaniesIndustry Comparisons

The table below ranks the 276 companies in the S&P 500 that bought back at least 4 percent of their shares from March 31, 2013, through March 31, 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—276
Company Industry Market
$ Total
$ Total
/ Market Cap
Buyback ROI
 Average $48,969$3,6999.2%20.8%-3.9%16.3%
 Median $24,408 $1,9497.7%20.1%-3.6%16.5%
251PentairCapital Goods11,306 9288.213.8-19.8-8.8
252Ralph Lauren Corp.Consumer Durables and Apparel11,482 1,0909.5-5.6-4.1-9.5
253ViacomMedia27,612 8,30130.19.5-17.4-9.5
254Xilinx Semiconductors and Semiconductor Equipment11,059 9018.17.5-16.2-9.8
255Caterpillar Capital Goods48,512 6,638 13.7-3.0-7.3-10.1
256International Business Machines Corp.Software and Services158,642 18,877 11.9-9.6-1.2-10.6
257The AES Corp. Utilities9,036 6657.45.8-15.8-10.9
258Murphy Oil Corp.Energy8,293 87510.6-2.3-11.1-13.2
259MetLifeInsurance56,578 1,986 3.519.6-28.2-14.2
260Precision Castparts Corp.Capital Goods29,771 2,085 7.06.2-19.5-14.4
261Occidental Petroleum Corp.Energy56,186 3,644 6.51.4-15.8-14.6
262Fossil GroupConsumer Durables and Apparel4,154 1,07525.9-5.2-9.9-14.6
263Owens-IllinoisMaterials3,830 1684.4-0.4-15.9-16.3
264Hess Corp.Energy19,400 5,284 27.25.9-21.2-16.6
265CoachConsumer Durables and Apparel11,428 5254.6-9.4-9.2-17.7
266Joy GlobalCapital Goods3,815 53314.0-17.0-3.0-19.5
267Marathon Oil Corp.Energy17,629 1,500 8.5-8.1-12.4-19.5
268Discovery CommunicationsMedia20,194 3,044 15.1-6.6-14.1-19.8
269Cameron International Corp.Energy8,702 3,125 35.9-14.7-9.9-23.1
270MattelConsumer Durables and Apparel7,729 6388.3-15.0-14.0-26.9
271Fluor Corp.Capital Goods8,427 1,087 12.9-4.4-23.7-27.0
272Apache Corp.Energy22,734 2,86112.6-9.7-22.5-30.0
273Jacobs Engineering Group Capital Goods5,794 3335.77.0-27.0-32.1
274FMC TechnologiesEnergy8,566 3684.3-10.4-27.9-35.4
275Noble Corp.Energy3,455 2577.4-26.9-34.1-51.8
276National Oilwell VarcoEnergy20,493 2,109 10.3-5.4-60.1-62.2
Source: Fortuna Advisors Analysis using data from the Capital IQ database. Financial Data from March 2013 to March 2015. Includes the 492 members of the current S&P 500 that were public for the full period. Market Capitalization as of: 03/31/2015. Companies included here if $ Total Buyback / Market Capitalization is greater than 4% or if $ Total Buyback is greater than $1 billion.