Feb 21, 2018 - Economy
Companies announced $173 billion in stock buybacks so far this year
Add Axios as your preferred source to
see more of our stories on Google.
Photo by Spencer Platt/Getty Images
Between Jan. 1 and Feb. 20, 113 companies announced stock buybacks totaling $173 billion, the highest level ever at this point in the year, according to Birinyi Associates' Jeffrey Rubin.
Go deeper: Companies unveil wage hikes after tax bill passage
43 companies announced buybacks of more than $500 million:
- Cisco, Feb. 14 — $25 billion
- Wells Fargo, Jan. 23 — $22.6 billion
- PepsiCo, Feb. 13 — $15 billion
- Amgen, Feb. 1 — $10 billion
- Abbvie, Feb. 15 — $10 billion
- Alphabet, Feb. 1 — $8.6 billion
- Visa, Feb. 1 — $7.5 billion
- eBay, Jan. 31 — $6 billion
- Mondelez International, Jan. 31 — $6 billion
- Applied Materials, Feb. 14 — $6 billion
- Lowe's, Jan. 26 — $5 billion
- Celgene, Feb. 14 — $5 billion
- CSX, Feb. 12 — $3.5 billion
- Phillips 66, Feb. 13 — $3.28 billion
- Constellation Brands, Jan. 5 — $3 billion
- Valero Energy, Jan. 24 — $2.5 billion
- Sirius XM, Jan. 23 — $2 billion
- Juniper Networks, Jan. 30 — $2 billion
- Eastman Chemical, Feb. 6 — $2 billion
- Liberty Global, Feb. 14 — $2 billion
- IQVIA, Feb. 14 — $2 billion
- Baxter International, Feb. 20 — $1.5 billion
- Altria, Feb. 1 — $1 billion
- Skyworks, Feb. 5 — $1 billion
- O'Reilly Automotive, Feb. 7 — $1 billion
- Cardinal Health, Feb. 8 — $1 billion
- Lear Corp., Feb. 14 — $953.4 million
- Noble Energy, Feb. 15 — $750 million
- M&T Bank, Feb. 5 — $745 million
- Harley-Davidson, Feb. 5 — $696 million
- VeriSign, Feb. 8 — $586 million
- Robert Half International, Feb. 13 — $546 million
- Carlisle Companies, Feb. 6 — $543 million
- Churchill Downs, Jan. 10 — $500 million
- Visteon, Jan. 16 — $500 million
- Western Digital, Jan. 29 — $500 million
- PulteGroup, Jan. 30 — $500 million
- Vertex Pharmaceuticals, Jan. 31 — $500 million
- ConocoPhillips, Feb. 1 — $500 million
- Arconic, Feb. 5 — $500 million
- Anadarko Petroleum, Feb. 7 — $500 million
- Voya Financial, Feb. 13 — $500 million
- Aaron's, Feb. 15 — $500 million
