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Second-Quarter 2015 Corporate Buyback Scorecard; 51–100

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. 51-100.

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 $3,6929.5%17.8%-3.2%14.2%
Median$22,959$1,9087.6%17.9%-3.7%14.9%
51Gilead SciencesPharmaceuticals, Biotechnology and Life Sciences 172,061 8,850 5.144.8-11.827.8
52Newell Rubbermaid Consumer Durables and Apparel 11,046 933 8.425.41.327.0
53General Dynamics Corp.Capital Goods 46,578 5,158 11.139.8-9.526.5
54Adobe Systems Software and Services 40,314 1,800 4.532.7-4.826.4
55CF Industries HoldingsMaterials 15,128 2,952 19.530.0-2.826.3
56Robert Half International Commercial and Professional Services 7,497 3404.530.9-3.526.3
57Medtronic Healthcare Equipment and Services 104,952 3,883 3.726.7-0.526.0
58Lockheed Martin Corp.Capital Goods 58,514 4,277 7.342.0-11.725.5
59General Growth PropertiesReal Estate 22,738 1,1234.917.46.625.1
60Time Warner CableMedia 50,378 1,4642.934.0-6.725.0
61AbbVie Pharmaceuticals, Biotechnology and Life Sciences 107,039 6,198 5.826.3-1.124.8
62VisaSoftware and Services 164,310 8,424 5.125.4-0.524.7
63Time Warner Media 72,078 9,494 13.225.0-0.224.7
64Kohl's Corp.Retailing 12,389 1,795 14.521.62.424.6
65Intercontinental ExchangeDiversified Financials 24,989 1,1314.518.84.924.6
66Delta Air LinesTransportation 33,534 2,7008.160.1-22.224.6
67Lam Research Corp.Semiconductors and Semiconductor Equipment12,880 8186.432.5-6.124.4
68Dollar TreeRetailing 16,287 1,0006.127.4-2.424.4
69Avery Dennison Corp.Materials 5,547 3836.919.93.524.1
70LyondellBasell Industries Materials 48,741 6,96014.330.0-4.723.8
71Amphenol Corp.Technology Hardware and Equipment 17,9088274.623.60.223.8
72Target Corp.Retailing 52,120 1,2372.411.011.423.7
73Marathon Petroleum Corp.Energy 28,419 4,22814.915.37.223.6
74Macy'sRetailing 22,698 3,596 15.823.10.323.5
75The Bank of New York Mellon Corp.Diversified Financials 47,070 3,3467.124.1-0.823.1
76NVIDIA Corp.Semiconductors and Semiconductor Equipment 10,819 1,303 12.027.7-3.623.1
77FedEx Corp.Transportation 48,352 6,111 12.634.6-8.722.8
78Texas Instruments Semiconductors and Semiconductor Equipment 53,589 5,623 10.527.7-3.922.7
79Dollar General Corp.Retailing 23,097 1,935 8.420.81.222.3
80Yum! BrandsConsumer Services 38,951 1,548 4.015.55.722.1
81Abbott LaboratoriesHealthcare Equipment and Services 73,068 3,932 5.416.84.421.9
82Express Scripts Holding Co.Healthcare Equipment and Services 64,863 13,247 20.420.41.121.7
83Morgan StanleyDiversified Financials 76,417 3,0224.028.0-5.021.6
84Waters Corp.Pharmaceuticals, Biotechnology and Life Sciences 10,616 6396.016.44.421.5
85Accenture Software and Services 60,404 5,445 9.012.47.721.1
86The Estée Lauder Cos. Household and Personal Products 32,792 1,6505.013.76.421.0
87Legg Mason Diversified Financials 5,713 69512.230.0-7.021.0
88Northern Trust Corp.Diversified Financials 17,843 9055.117.92.621.0
89Aon Insurance 28,083 3,377 12.027.0-4.820.9
90CR Bard Healthcare Equipment and Services 12,674 1,32510.528.9-6.320.8
91Cisco SystemsTechnology Hardware and Equipment 139,659 14,669 10.516.43.820.8
92TE Connectivity Ltd.Technology Hardware and Equipment 26,144 1,089 4.228.1-5.820.6
93The Allstate Corp.Insurance 26,533 4,662 17.621.0-0.620.2
94AutoNationRetailing 7,181 5988.319.30.720.2
95Wyndham Worldwide Corp.Consumer Services 9,833 1,249 12.721.6-1.320.0
96Affiliated Managers Group Diversified Financials 11,963 5214.418.61.119.9
97Tyson FoodsFood, Beverage and Tobacco 17,297 8084.729.8-7.719.9
98Fidelity National Information ServicesSoftware and Services 17,518 1,074 6.124.6-3.819.8
99Harris Corp.Technology Hardware and Equipment9,5054755.032.6-9.719.7
100CSX Corp.Transportation 32,258 1,059 3.321.4-1.519.7
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.



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