In a massive new report, Aranca takes a close look at the companies that have been the most aggressive in buying back shares of their own stock.
The most recent complete data from Q3 2015 shows that the buyback frenzy among S&P 500 stocks continued its expansion in Q3, up 9.7 percent sequentially and 4.9 percent year-over-year to a record $245.7 billion.
Aranca expects this trend will continue in 2016. “Going forward for 2016, S&P 500 companies continue to have sufficient cash worth $1.78 trillion (non-financial companies), up from $1.73 trillion in mid-2015 to continue with theur generous trend of shareholder payout,” the firm says in its report.
The S&P 500 buyback index once again outperformed…
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