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Stock Buybacks
Firm
Author
Type
Portfolio Management
April 2026
Share Repurchases and Investment Policies
Research
21 Pages
This study examines the claim that share repurchases lead to reductions in real investments and finds no support for the claim that repurchases lead to lower real investments.
Portfolio Management
April 2026
When Resilience Resonates: The S&P 500 Resilient Shareholder Yield Index
S&P Global
Elizabeth Bebb
Research
19 Pages
The S&P 500 Resilient Shareholder Yield Index identifies companies that balance rewarding shareholders with the financial strength needed to sustain those rewards over time.
Portfolio Management
March 2026
SBC & Dilution Tracker Dashboard Launch
Altimeter Capital
Thomas Reiner
Research
11 Pages
Thomas Reiner gives an update on quarterly stock-based compensation and dilution analytics and a live company leaderboard.
Dividends
March 2026
Data Update 8 for 2026: Time for Harvesting – Dividends and Buybacks
Aswath Damodaran
Research
9 Pages
Professor Damodaran looks at the decision by businesses on how much cash to return to their owners, and in what form (dividends or buybacks), and how that decision played out globally in 2025.
Markets
December 2025
Tech Dilution Through Q3: Discipline Cracks at Big Tech
Platform Aeronaut
Thomas Reiner
Article
10 Pages
Thomas Reiner reviews how share based dilution has evolved across tech through Q3 2025, with discipline slipping at Big Tech.
Markets
December 2025
Does Share Repurchase Legalization Really Harm Corporate Investments?
Elliot Tobin, Charles Wang
Research
56 Pages
Using staggered legalizations across countries, the authors test whether permitting open-market buybacks reduces corporate investment and real activity.
Portfolio Management
October 2024
Buybacks for US, Dividends for EU
Verdad
Chris Satterthwaite
Research
4 Pages
Verdad’s deep dive on shareholder yield finds it “does a relatively good job of spreading returns in a linear fashion, both in the US and abroad.”
Portfolio Management
March 2020
Examining Share Repurchasing and the S&P Buyback Indices in the U.S. Market
S&P Global
Liyu Zeng, Priscilla Luk
Research
27 Pages
S&P Dow Jones Indices examines how share repurchases evolved into the dominant corporate payout method and how related indices behave.