Charting the Course: S&P500 companies’ 2018 stock buybacks may finally eclipse the record 2007 level

Companies may repurchase a record $650 billion of stock in 2018

  • Tech leaders are a huge % of this number, in the last quarter they bought back vast amounts of stock.
  • These activities are thought to support stock market values.
  • 2007 is the year still holding record for stock buyback levels.
  • Stock buyback in 2007 were a reason people said the market would remain going up.
  • 2007 is also infamous as the predecessor year of the 2008 crush and following “great recession”.

Source: S&P Dow Jones, Hedge Fund Telemetry, Goldman Sachs

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Why we Chart the Course? Charts speak a thousand words. They visually and concisely show economic, financial, and market trends. Charts help us build assumptions and conduct analyses for strategic decisions like exiting businesses, deploying capital, building investment portfolios, etc. In Charting The Course, we bring to your attention some of the charts we gather and analyze in our daily research and analyses of economy, business environment, investment and capital markets. We hope you find it of value.

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With a current team of 48 finance specialists in three offices across eleven time zones, Defoe Redmount serves as a 1st call financial partner for entrepreneurs, helping them grow businesses and wealth. We do that by investing capital in our clients and their businesses, investing assets for clients, and offering strategic advice and connections. Since 1824 in Europe and since 1994 in the United States.