Buyback Scorecard |
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 |
||||||||
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.. |
||||||||