Select BuyBacks Up 36% Year-To-Date, $1T In Buybacks Since 09

Citi Research analysts Robert Buckland, Anna Esposito, Mert C Genc, Beata M Manthey, Jonathan Stubbs and Ayush Tambi take us through the mechanics of their Global Buyback Screen and the stocks that currently feature on the screen.

U.S. companies’ buybacks aggregate over $1T since 2009

In their Global Buyback alert dated October 22, 2013, the analysts point out that U.S. companies have taken advantage of the rock bottom interest rates for debt financing over the past few years to return capital to shareholders. They estimate that since 2009, U.S. companies have returned over $1 trillion to shareholders by way of buybacks. Furthermore, this trend will likely continue given the huge cash hoards...