HFA Icon

$800 Billion Of Share Repurchases In 2015: Goldman Sachs

HFA Padded
Mani
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

With February 2015 seeing $118 billion in repurchase authorization announcements, at the current pace, the year is on track to reach nearly $800 billion in repurchase announcements, notes Goldman Sachs.

David J. Kostin and team at Goldman Sachs in their March 6, 2015 research report the US Weekly Kickstart anticipate S&P 500 dividend growth of 7% to $404 billion.

Last 2 months – A record start for share repurchase

With S&P 500 trading at a high valuation relative to history, the Goldman Sachs analysts believe stocks that return cash to shareholders via buybacks and dividends should outperform. The analysts point out that the average shareholder yield for the S&P 500 equals 5%, roughly evenly divided between buybacks and dividends.

However, as can...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports