Please enable JavaScript to view the comments powered by Disqus.
Advertisement
Slide Show

1 of 11

10 Companies Making Huge Stock Buybacks in 2018

Getty Images

For almost two years, investors feared that the wave of stock buybacks that helped drive the market to record highs was finally coming to a close. Those quarterly buybacks peaked during the first quarter of 2016, plunged by the third quarter of that year, then simply leveled off at sub-par levels through the third quarter of 2017. That wave of easy upside looked like it was winding down.

However, with major tax breaks serving as a tailwind, U.S. corporations are looking to make such use of their cash again … in spades. Between Jan. 1 and Feb. 20, constituents of the Standard & Poor’s 500-stock index announced buyback programs totaling $173 billion. That’s the largest buyback tally ever taken at this early point of the year, and bodes well for 2018’s per-share profits.

Advertisement

Here’s a rundown of this year’s biggest buyback announcements thus far. These share-repurchase programs don’t necessarily make these names worth owning, but they certainly bolster an already-bullish case for each company.

SEE ALSO: 20 Small Towns With Big Millionaire Populations

Data is as of March 2, 2018. Click on ticker-symbol links in each slide for current share prices and more.

View as One Page

Check Out

Kiplinger's Latest Online Broker Rankings

Advertisement
Sponsored Financial Content