This content is from: Research
Second-Quarter 2013 Corporate Buyback Scorecard 201-250
Second-Quarter 2013 Corporate Buyback Scorecard 201-250
Buyback Scorecard |
The table below ranks the 268 companies in the S&P 500 that bought back at least 4 percent or $1 billion of their shares from June 30, 2011 through June 30, 2013. 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 | $38,681 | $2,912 | 9.3% | 13.5% | 10.4% | 25.0% | ||
| Median | $15,858 | $1,350 | 8.1% | 13.5% | 9.7% | 24.1% | ||
| 201 | Ball Corp. | Materials | $6,180 | $1,012 | 16.4% | 10.1% | 3.0% | 13.4% |
| 202 | Waters Corp. | Pharmaceuticals, Biotechnology and Life Sciences | $8,573 | $684 | 8.0% | 1.0% | 12.1% | 13.3% |
| 203 | BorgWarner | Automobiles and Components | $9,955 | $535 | 5.4% | 4.1% | 8.7% | 13.2% |
| 204 | Agilent Technologies | Pharmaceuticals, Biotechnology and Life Sciences | $14,730 | $1,107 | 7.5% | -4.9% | 18.9% | 13.1% |
| 205 | BMC Software | Software and Services | $6,384 | $1,830 | 28.7% | -7.0% | 21.4% | 12.9% |
| 206 | Allergan. | Pharmaceuticals, Biotechnology and Life Sciences | $25,908 | $1,721 | 6.6% | -14.3% | -1.5% | 12.5% |
| 207 | Yum! Brands | Consumer Services | $31,192 | $1,727 | 5.5% | 15.7% | -3.0% | 12.2% |
| 208 | ONEOK | Utilities | $8,514 | $601 | 7.1% | 20.1% | -6.7% | 12.0% |
| 209 | Loews Corp. | Insurance | $17,270 | $702 | 4.1% | 3.9% | 7.7% | 11.9% |
| 210 | Abercrombie & Fitch Co. | Retailing | $3,545 | $445 | 12.5% | -14.7% | 30.8% | 11.5% |
| 211 | McDonald's Corp. | Consumer Services | $99,252 | $4,632 | 4.7% | 15.4% | -3.5% | 11.3% |
| 212 | St. Jude Medical | Healthcare Equipment and Services | $12,930 | $2,101 | 16.2% | -5.5% | 17.7% | 11.3% |
| 213 | Oracle Corp. | Software and Services | $142,212 | $16,877 | 11.9% | 0.4% | 10.6% | 11.0% |
| 214 | CSX Corp. | Transportation | $23,699 | $1,865 | 7.9% | 0.7% | 10.0% | 10.8% |
| 215 | Intuit | Software and Services | $18,124 | $1,192 | 6.6% | 7.7% | 2.8% | 10.7% |
| 216 | Corning | Technology Hardware and Equipment | $20,991 | $1,732 | 8.3% | -11.7% | 25.3% | 10.6% |
| 217 | Bed Bath & Beyond | Retailing | $15,426 | $2,299 | 14.9% | 11.8% | -1.2% | 10.5% |
| 218 | Laboratory Corp. of America | Healthcare Equipment and Services | $9,306 | $1,317 | 14.2% | 0.0% | 10.5% | 10.5% |
| 219 | Deere & Co. | Capital Goods | $31,529 | $2,913 | 9.2% | 1.2% | 9.2% | 10.4% |
| 220 | Norfolk Southern Corp. | Norfolk Southern Corporation | $22,891 | $2,861 | 12.5% | 6.5% | 3.6% | 10.3% |
| 221 | QUALCOMM | Technology Hardware and Equipment | $105,553 | $2,744 | 2.6% | 8.9% | 1.1% | 10.0% |
| 222 | Darden Restaurants | Consumer Services | $6,553 | $427 | 6.5% | 7.2% | 2.6% | 10.0% |
| 223 | Exxon Mobil Corp. | Energy | $401,730 | $41,610 | 10.4% | 7.1% | 2.5% | 9.8% |
| 224 | Cardinal Health. | Healthcare Equipment and Services | $16,134 | $907 | 5.6% | 4.4% | 5.1% | 9.7% |
| 225 | Praxair | Materials | $34,059 | $1,420 | 4.2% | 7.1% | 2.3% | 9.5% |
| 226 | The Mosaic Co. | Materials | $22,910 | $1,163 | 5.1% | -7.2% | 17.1% | 8.7% |
| 227 | CR Bard | Healthcare Equipment and Services | $8,747 | $1,063 | 12.2% | -0.6% | 9.4% | 8.7% |
| 228 | Autodesk | Software and Services | $7,630 | $718 | 9.4% | -5.6% | 15.0% | 8.5% |
| 229 | Family Dollar Stores | Retailing | $7,163 | $424 | 5.9% | 9.8% | -1.3% | 8.4% |
| 230 | Fluor Corp. | Capital Goods | $9,660 | $670 | 6.9% | -3.7% | 12.4% | 8.2% |
| 231 | International Business Machines Corp. | Software and Services | $211,902 | $25,165 | 11.9% | 12.3% | -3.7% | 8.1% |
| 232 | Intuitive Surgical. | Healthcare Equipment and Services | $20,327 | $835 | 4.1% | 18.6% | -8.9% | 8.1% |
| 233 | Staples | Retailing | $10,536 | $935 | 8.9% | -8.4% | 17.8% | 8.0% |
| 234 | Fossil Group | Consumer Durables and Apparel | $6,061 | $619 | 10.2% | -0.2% | 8.0% | 7.8% |
| 235 | FLIR Systems | Technology Hardware and Equipment | $3,827 | $468 | 12.2% | -13.9% | 24.9% | 7.5% |
| 236 | Monster Beverage Corp. | Food, Beverage and Tobacco | $10,096 | $879 | 8.7% | 28.3% | -16.5% | 7.1% |
| 237 | CF Industries | Materials | $10,168 | $2,416 | 23.8% | 15.7% | -7.6% | 6.9% |
| 238 | Quest Diagnostics | Healthcare Equipment and Services | $9,581 | $812 | 8.5% | 2.7% | 3.6% | 6.3% |
| 239 | Varian Medical Systems | Healthcare Equipment and Services | $7,313 | $547 | 7.5% | -0.1% | 6.3% | 6.2% |
| 240 | The AES Corp. | Utilities | $8,951 | $373 | 4.2% | 0.5% | 5.3% | 5.8% |
| 241 | Best Buy Co. | Retailing | $9,288 | $940 | 10.1% | -5.1% | 11.5% | 5.7% |
| 242 | Intel Corp. | Semiconductors and Semiconductor Equipment | $120,447 | $14,625 | 12.1% | 7.9% | -3.1% | 4.6% |
| 243 | Humana | Healthcare Equipment and Services | $13,290 | $989 | 7.4% | 2.9% | 1.4% | 4.3% |
| 244 | Hewlett-Packard Co. | Technology Hardware and Equipment | $47,828 | $3,169 | 6.6% | -21.4% | 32.5% | 4.2% |
| 245 | Jabil Circuit | Technology Hardware and Equipment | $4,130 | $452 | 10.9% | -1.4% | 4.7% | 3.2% |
| 246 | Kohl's Corp. | Retailing | $11,186 | $2,717 | 24.3% | -0.6% | 3.6% | 3.0% |
| 247 | The Western Union Co. | Software and Services | $9,532 | $1,228 | 12.9% | -9.9% | 13.9% | 2.7% |
| 248 | Cablevision Systems Corp. | Media | $4,492 | $384 | 8.5% | -20.0% | 26.6% | 1.3% |
| 249 | Schlumberger | Energy | $95,268 | $2,113 | 2.2% | -5.5% | 6.7% | 0.8% |
| 250 | Cognizant Technology Solutions Corp. | Software and Services | $18,893 | $850 | 4.5% | -6.5% | 7.6% | 0.6% |
| Source: Fortuna Advisors Analysis using data from the Capital IQ database. Financial Data from June 2011 to June 2013. Includes the 487 members of the current S&P 500 that were public for the full period. Market Capitalization as of: 06/30/2013. Companies Included here if $ Total Buyback / Market Capitalization is greater than 4% or if $ Total Buyback is greater than $1 Billion. | ||||||||