S&P 500 Q3 2024 Buybacks Decrease 4.0% from Q2 2024, as 12-month Expenditure Increases 4.7% from Previous Year; Earnings Per Share Increases from Buybacks Improves; Buybacks Tax Results in a 0.42% Reduction in Q3 Operating Earnings and 0.48% Reduction in Q3 Earnings

Posted on by

S&P 500 Q3 2024 buybacks were $226.6 billion, down 4.0% from Q2 2024’s $235.9 billion and up 22.1% from Q3 2023’s $185.6 billion The 12-month September 2024 expenditure of $918.4 billion was up 16.7% from the prior 12-month expenditure of $787.3 billion Consumer Discretionary increased…