Buybacks from S&P 500 Companies Set Record in 2022
Companies in the S&P 500 spent more money repurchasing their own shares in 2022 than any other calendar year in history, according to S&P Dow Jones Indices.
S&P 500 buybacks totaled $922.7 billion in 2022, up from $881.7 billion in 2021.
Tweet on stock buybacks
Buybacks from S&P 500 Companies Set Record in 2022
Companies in the S&P 500 spent more money repurchasing their own shares in 2022 than any other calendar year in history, according to S&P Dow Jones Indices.#stocks #buybacks pic.twitter.com/t6ZASbA1Du— The_Journalbiz (@the_journalbiz) March 22, 2023
Buybacks in the fourth quarter of 2022 came in at $211.2 billion, up 0.2% from prior quarter and down about 22% from the fourth quarter of 2021.
The bottom line on stock buybacks
In most cases, companies returning capital to shareholders, either in the form of buybacks or dividends, is a good thing. And, in many ways, buybacks have some significant advantages over paying dividends, especially if the stock is truly trading for less than its intrinsic value.
