Second-Quarter 2015 Corporate Buyback Scorecard; 101-150

October 09, 2015

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. 101-150

Buyback

Scorecard

Stock Buybacks Prepare for the Bear Market

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%
101	Huntington Bancshares	Banks	9,144	501	5.5	25.3	-4.5	19.7
102	Intuitive Surgical	Healthcare Equipment and Services	17,858	1,758	9.8	0.8	18.7	19.6
103	JPMorgan Chase & Co.	Banks	251,431	8,948	3.6	16.4	2.7	19.6
104	The Goldman Sachs Group	Diversified Financials	90,201	10,014	11.1	17.1	2.0	19.4
105	MasterCard	Software and Services	106,589	6,277	5.9	29.3	-7.7	19.3
106	PPG Industries	Materials	31,187	1,961	6.3	25.8	-5.3	19.2
107	The Hartford Financial Services Group	Insurance	17,456	2,400	13.7	22.5	-2.8	19.0
108	3M Co.	Capital Goods	97,879	11,450	11.7	24.4	-4.3	19.0
109	VeriSign	Software and Services	7,186	1,777	24.7	17.9	0.9	19.0
110	Henry Schein	Healthcare Equipment and Services	11,884	562	4.7	22.8	-3.1	19.0
111	Nordstrom	Retailing	14,195	1,173	8.3	16.8	1.7	18.8
112	The Clorox Co.	Household and Personal Products	13,645	694	5.1	15.5	2.7	18.6
113	Marsh & McLennan Cos.	Insurance	30,528	30,528	6.5	24.2	-4.5	18.5
114	BlackRock	Diversified Financials	57,808	2,672	4.6	19.5	-0.9	18.4
115	Alliance Data Systems Corp.	Software and Services	18,115	986	5.4	32.2	-10.5	18.3
116	Lincoln National Corp.	Insurance	14,984	1,150	7.7	32.7	-11.0	18.2
117	The PNC Financial Services Group	Banks	49,539	2,197	4.4	19.6	-1.3	18.1
118	Yahoo!	Software and Services	36,871	6,284	17.0	30.2	-9.4	18.0
119	Ingersoll-Rand	Capital Goods	17,847	2,111	11.8	26.3	-6.7	17.8
120	XL Group	Insurance	11,407	1,215	10.6	11.7	5.5	17.8
121	Microsoft Corp.	Software and Services	358,189	21,759	6.1	21.3	-3.1	17.6
122	Mondelez International	Food, Beverage and Tobacco	66,919	4,533	6.8	15.4	1.7	17.4
123	F5 Networks	Technology Hardware and Equipment	8,657	1,157	13.4	26.4	-7.1	17.4
124	Wells Fargo & Co.	Banks	289,591	17,518	6.0	23.0	-4.5	17.4
125	Automatic Data Processing	Software and Services	37,670	2,016	5.4	22.4	-4.3	17.1
126	The Interpublic Group of Cos.	Media	7,957	678	8.5	23.8	-5.5	17.0
127	Quest Diagnostics	Healthcare Equipment and Services	10,416	806	7.7	13.7	2.9	16.9
128	American International Group	Insurance	82,431	9,242	11.2	18.3	-1.5	16.6
129	Ameriprise Financial	Diversified Financials	22,660	3,179	14.0	30.7	-10.9	16.4
130	Navient Corp.	Diversified Financials	7,084	1,167	16.5	22.1	-4.8	16.3
131	St. Jude Medical	Healthcare Equipment and Services	20,469	1,200	5.9	31.4	-11.7	16.0
132	Archer-Daniels-Midland Co.	Food, Beverage and Tobacco	29,914	2,437	8.1	25.6	-7.8	15.8
133	Dun & Bradstreet Corp.	Commercial and Professional Services	4,396	290	6.6	19.7	-3.4	15.7
134	Juniper Networks	Technology Hardware and Equipment	10,254	3,606	35.2	22.3	-5.5	15.6
135	Laboratory Corp. of America Holdings	Healthcare Equipment and Services	12,170	805	6.6	12.0	3.2	15.6
136	Comcast Corp.	Media	151,088	8,836	5.8	21.3	-4.9	15.4
137	Oracle Corp.	Software and Services	174,744	17,900	10.2	15.8	-0.4	15.3
138	Corning	Technology Hardware and Equipment	24,831	4,911	19.8	24.0	-7.0	15.3
139	The Boeing Co.	Capital Goods	95,927	12,303	12.8	26.6	-9.0	15.2
140	Waste Management	Commercial and Professional Services	21,220	1,139	5.4	15.3	-0.2	15.2
141	Computer Sciences Corp.	Software and Services	9,049	1,250	13.8	22.4	-5.9	15.1
142	Republic Services	Commercial and Professional Services	13,762	679	4.9	12.4	2.3	15.0
143	Illinois Tool Works	Capital Goods	33,750	6,096	18.1	21.8	-5.8	14.8
144	Autodesk	Software and Services	11,400	765	6.7	23.9	-7.3	14.8
145	Honeywell International	Capital Goods	79,711	1,881	2.4	18.6	-3.5	14.4
146	Pfizer	Pharmaceuticals, Biotechnology and Life Sciences	206,467	18,078	8.8	12.4	1.7	14.2
147	KeyCorp.	Banks	12,742	789	6.2	22.0	-6.4	14.2
148	The Travelers Cos.	Insurance	30,805	6,606	21.4	12.9	0.9	14.0
149	V.F. Corp.	Consumer Durables and Apparel	29,638	1,465	4.9	28.4	-11.5	13.6
150	Phillips 66	Energy	43,690	4,333	9.9	15.2	-2.1	12.8
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..