Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 
 
Blog Home
Bob Carey
Chief Market Strategist
Click for Bio

Follow Bob on Twitter Follow Bob on LinkedIn View Videos on YouTube
 

  Stock Buybacks by Sector
Posted Under: Sectors

 
View from the Observation Deck  
  1. S&P 500 Index stock buybacks totaled an all-time high of $203.76 billion (preliminary) in Q3'18, up 57.7% from the $129.17 billion spent on buybacks in Q3'17, according to S&P Dow Jones Indices.
  2. For the 12-month period ended September 2018, buybacks totaled a record high $720.4 billion, up 39.2% from the $517.7 billion repurchased over the same period through September 2017.
  3. S&P Dow Jones Indices reported that S&P 500 Index companies spent $2.89 trillion on buybacks for the five-year period ended 9/28/18. 
  4. As indicated in the chart, Information Technology was the most active sector with respect to buyback activity over the past five years. Technology companies repurchased stock valued at $795.1 billion, or approximately 28% of total buybacks for the S&P 500 Index. Financials and Consumer Discretionary followed with buybacks totaling $519.3 billion and $426.0 billion, respectively.  
In addition to stock buybacks, S&P 500 companies are also rewarding shareholders through higher dividend distributions (not shown in chart). S&P 500 Index dividend payments totaled a record high $115.72 billion in Q3'18, according to S&P Dow Jones Indices.  
This chart is for illustrative purposes only and not indicative of any actual investment. Investors cannot invest directly in an index. The S&P 500 Index is a capitalization-weighted index comprised of 500 stocks (currently 505) used to measure large-cap U.S. stock market performance, while the 11 major S&P 500 Sector Indices are capitalization-weighted and comprised of S&P 500 constituents representing a specific sector.

Download a PDF of this post, please click here.

The next blog post will resume Thursday, January 3, 2019.
Posted on Thursday, December 20, 2018 @ 2:04 PM • Post Link Share: 
Print this post Printer Friendly

These posts were prepared by First Trust Advisors L. P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
Search Posts
MARKET ANALYSIS
Market Commentary and Analysis
Weekly Video
Weekly Market Commentary
Weekly Market Watch
Monthly Talking Points
Quarterly Newsletter
Market Observations
Subscribe To Receive Email
 


 PREVIOUS POSTS
Call Us Crazy ... Stocks on sale as we head into 2019
Sector Performance Via Market Capitalization (Since Steel/Aluminum Tariffs Enacted)
US Stock Markets Ended December 14, 2018
US Economy and Credit Markets Ended December 14, 2018
Top-Performing Subsectors in the S&P 500 Index
S&P 500 Index Earnings & Revenue Growth Rate Projections
US Stock Markets Ended December 7, 2018
US Economy and Credit Markets Ended December 7, 2018
A Snapshot of Bond Valuations
Checking in on the 10-Largest Stocks in the S&P 500 Index
Archive
Skip Navigation Links.
Search by Topic
Skip Navigation Links.

 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2019 All rights reserved.