Buyback Scorecard |
The table below ranks the 274 companies in the S&P 500 that bought back at least 4 percent of their shares from June 30, 2012, through June 30, 2014. 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 |
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Company |
Industry |
Market Capitalization |
$ Total Buyback |
$ Total Buyback / Market Cap |
Buyback Strategy |
Buyback Effectiveness |
Buyback ROI |
|
|
Average |
|
$47,210 |
$3,341 |
8.5% |
24.7% |
0.0% |
24.5% |
|
Median |
|
$21,878 |
$1,619 |
7.4% |
24.9% |
0.1% |
24.0% |
151 |
Omnicom Group |
Media |
18,406 |
1,484 |
8.1 |
22.1 |
-0.1 |
22.0 |
152 |
Lowe's Cos. |
Retailing |
47,861 |
7,361 |
15.4 |
28.5 |
-5.3 |
21.7 |
153 |
CF Industries |
Materials |
12,525 |
3,000 |
24.0 |
18.6 |
2.4 |
21.5 |
154 |
Tractor Supply Co. |
Retailing |
8,365 |
451 |
5.4 |
19.6 |
1.3 |
21.1 |
155 |
Altria Group |
Food, Beverage and Tobacco |
83,312 |
1,493 |
1.8 |
17.5 |
3.0 |
21.1 |
156 |
FedEx Corp. |
Transportation |
44,735 |
5,103 |
11.4 |
26.4 |
-4.6 |
20.6 |
157 |
General Motors Co. |
Automobiles and Components |
58,226 |
7,539 |
12.9 |
25.4 |
-4.0 |
20.4 |
158 |
General Mills |
Food, Beverage and Tobacco |
32,285 |
2,790 |
8.6 |
21.2 |
-0.7 |
20.4 |
159 |
Kimberly-Clark Corp. |
Household and Personal Products |
41,907 |
2,766 |
6.6 |
22.7 |
-2.0 |
20.3 |
160 |
Ford Motor Co. |
Automobiles and Components |
68,173 |
1,141 |
1.7 |
25.4 |
-4.2 |
20.1 |
161 |
United Parcel Service |
Transportation |
93,975 |
5,953 |
6.3 |
17.3 |
2.4 |
20.1 |
162 |
U.S. Bancorp |
Banks |
78,632 |
4,326 |
5.5 |
18.5 |
1.3 |
20.0 |
163 |
Intel Corp. |
Semiconductors and Semiconductor Equipment |
153,820 |
7,559 |
4.9 |
4.5 |
14.8 |
19.9 |
164 |
Juniper Networks |
Technology Hardware and Equipment |
11,626 |
1,985 |
17.1 |
15.6 |
3.6 |
19.7 |
165 |
The Sherwin-Williams Co. |
Materials |
20,619 |
1,630 |
7.9 |
29.3 |
-7.5 |
19.6 |
166 |
Automatic Data Processing |
Software and Services |
38,221 |
1,273 |
3.3 |
23.1 |
-3.1 |
19.4 |
167 |
Emerson Electric Co. |
Capital Goods |
46,568 |
2,163 |
4.6 |
21.5 |
-1.9 |
19.3 |
168 |
The Travelers Cos. |
Insurance |
32,687 |
4,809 |
14.7 |
24.1 |
-4.2 |
18.8 |
169 |
Cameron International Corp. |
Energy |
13,826 |
2,750 |
19.9 |
16.6 |
1.6 |
18.5 |
170 |
Tenet Healthcare Corp. |
Healthcare Equipment and Services |
4,584 |
500 |
10.9 |
50.5 |
-21.3 |
18.4 |
171 |
Johnson Controls |
Automobiles and Components |
33,161 |
1,609 |
4.9 |
27.8 |
-7.4 |
18.3 |
172 |
Dun & Bradstreet Corp. |
Commercial and Professional Services |
4,079 |
894 |
21.9 |
22.5 |
-3.4 |
18.3 |
173 |
Colgate-Palmolive Co. |
Household and Personal Products |
62,411 |
3,316 |
5.3 |
18.9 |
-0.6 |
18.2 |
174 |
Fluor Corp. |
Capital Goods |
12,238 |
649 |
5.3 |
21.4 |
-2.7 |
18.1 |
175 |
The Hershey Co. |
Food, Beverage and Tobacco |
21,684 |
1,034 |
4.8 |
24.0 |
-4.8 |
18.0 |
176 |
Monsanto Co. |
Materials |
65,438 |
2,018 |
3.1 |
25.7 |
-6.3 |
17.8 |
177 |
General Electric Co. |
Capital Goods |
263,530 |
16,307 |
6.2 |
21.3 |
-2.9 |
17.8 |
178 |
Leggett & Platt |
Consumer Durables and Apparel |
4,753 |
310 |
6.5 |
30.4 |
-9.7 |
17.7 |
179 |
The Hartford Financial Services Group |
Insurance |
16,103 |
900 |
5.6 |
40.1 |
-16.2 |
17.4 |
180 |
Eli Lilly and Co. |
Pharmaceuticals, Biotechnology and Life Sciences |
66,323 |
2,619 |
3.9 |
25.5 |
-6.5 |
17.2 |
181 |
CareFusion Corp. |
Healthcare Equipment and Services |
9,194 |
969 |
10.5 |
28.0 |
-8.4 |
17.2 |
182 |
Franklin Resources |
Diversified Financials |
36,306 |
1,034 |
2.8 |
22.5 |
-4.5 |
16.9 |
103 |
The Mosaic Co. |
Materials |
18,972 |
2,133 |
11.2 |
0.8 |
15.8 |
16.8 |
184 |
Republic Services |
Commercial and Professional Services |
13,531 |
623 |
4.6 |
17.0 |
-0.2 |
16.8 |
185 |
Marathon Oil Corp. |
Energy |
26,989 |
1,500 |
5.6 |
20.3 |
-3.0 |
16.7 |
186 |
Murphy Oil Corp. |
Energy |
11,930 |
1,125 |
9.4 |
26.8 |
-8.0 |
16.7 |
187 |
Occidental Petroleum Corp. |
Energy |
80,628 |
2,950 |
3.7 |
10.3 |
5.6 |
16.5 |
188 |
Motorola Solutions |
Technology Hardware and Equipment |
16,923 |
2,801 |
16.6 |
18.3 |
-1.6 |
16.4 |
189 |
Northern Trust Corp. |
Diversified Financials |
15,184 |
660 |
4.3 |
19.9 |
-3.2 |
16.1 |
190 |
Nordstrom |
Retailing |
12,905 |
1,148 |
8.9 |
14.2 |
1.6 |
16.1 |
191 |
Estée Lauder Companies |
Household and Personal Products |
8,643 |
1,055 |
3.7 |
13.7 |
2.0 |
16.0 |
192 |
Varian Medical Systems |
Healthcare Equipment and Services |
8,643 |
922 |
10.7 |
14.1 |
1.7 |
16.0 |
193 |
Praxair |
Materials |
38,913 |
1,346 |
3.5 |
11.6 |
3.5 |
15.5 |
194 |
Abbott Laboratories |
Healthcare Equipment and Services |
61,429 |
4,440 |
7.2 |
19.4 |
-3.3 |
15.4 |
195 |
Pepsico |
Food, Beverage and Tobacco |
135,444 |
7,213 |
5.3 |
16.5 |
-0.9 |
15.4 |
196 |
Stanley Black & Decker |
Capital Goods |
13,705 |
915 |
6.7 |
13.8 |
1.4 |
15.3 |
197 |
Scripps Networks Interactive |
Media |
11,597 |
903 |
7.8 |
21.6 |
-5.2 |
15.2 |
198 |
Kimco Realty Corp. |
Real Estate |
9,435 |
605 |
6.4 |
15.1 |
0.1 |
15.2 |
199 |
State Street Corp. |
Diversified Financials |
28,950 |
4,680 |
16.2 |
25.2 |
-8.0 |
15.2 |
200 |
XL Group |
Insurance |
8,886 |
1,204 |
13.6 |
26.4 |
-8.9 |
15.1 |
Source: Fortuna Advisors Analysis using data from the Capital IQ database. Financial Data from June 2012 to June 2014. Includes the 490 members of the current S&P 500 that were public for the full period. Market Capitalization as of: 06/01/2014. 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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