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3 Stocks Going All Out on Stock Buybacks

These three companies alone shelled out $55B to buy back their own shares in the past year

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#3: AT&T

ATTLogo 3 Stocks Going All Out on Stock BuybacksCash Spent on Buybacks (TTM): $17.4 billion
Change in Shares Outstanding: -8.1%
Dividend Yield: 5.2%
Dividends Paid: $10 billion

Telecoms are supposed to be dividend stalwarts, but one way in which AT&T (T) differentiates itself from rivals is by shelling out lots of cash for share buybacks. Verizon’s (VZ) authorization for up to 100 million shares expires in February, and it didn’t crack the top 10 in repurchases over the last year.

True, AT&T might be boring, but it’s been an excellent long-term holding. A total return of 153% over the past decade beats the S&P 500 by 50 percentage points.


Article printed from InvestorPlace Media, http://investorplace.com/2013/09/3-top-stocks-for-share-buybacks/.

©2014 InvestorPlace Media, LLC

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