S&P Dow Jones Indices (S&P Dow Jones Indices) released the latest report on Friday (23rd) that due to the decline in corporate participation, the total amount of treasury stocks in the S&P 500 index in the third quarter of this year was 210.8 billion US dollars, compared with the second quarter of this year. Apple’s share repurchase scale fell 4.0% to US$219.6 billion in the third quarter.
According to the latest report, S&P 500 companies repurchased US$210.8 billion in shares in the third quarter, down 10.1% from US$234.6 billion in the same period last year, down 4% from US$219.6 billion in the second quarter, and far lower than the record high in the first quarter. A record $281.01 billion.
By sector, technology stocks continued to lead the rest of the sector in overall share buybacks, although their share fell to 28.8 percent from 32.8 percent in the second quarter. The scale of financial stock buybacks in the third quarter increased by 8.5% from the second quarter, but was still down 62.8% from the third quarter of 2021. Energy stocks rose 64.5% from the second quarter and 640% from the third quarter of 2021.
In terms of individual stocks, Apple (AAPL-US), which is full of cash, repurchased US$24.7 billion of its own shares in the third quarter, winning the championship again, an increase of 0.7% from US$24.6 in the second quarter of this year.
It was followed by Alphabet (GOOGL-US) with $15.4 billion, up from $15.2 billion in the second quarter.
Meta (META-US) was third with $7.4 billion in stock repurchases. Microsoft (MSFT-US) and Exxon Mobil (XOM-US) ranked fourth and fifth respectively.
In terms of quantity, 384 companies implemented part of their treasury stocks in the third quarter, the same as in the second quarter, and an increase from 371 in the same period last year.
There were 319 companies with at least $5 million in treasury holdings in the third quarter, down from 331 in the second quarter but up from 309 in the third quarter of last year.
For the 12 months ended September 2022, 441 companies executed partial treasury stock plans, up from 424 in the same period in 2021, and total stock repurchases increased to $981.6 billion, up from $742.2 billion in the same period a year ago Total shareholder returns also soared to a record $1.534 trillion, up from $1.241 trillion a year earlier.
