Natixis - Share buybacks and stock market indices in the United States and the euro zone

Report

Natixis

Patrick Artus

Share buybacks and stock market indices in the United States and the euro zone

We estimate the effect of share buybacks, which reduce the number of listed shares and increase earnings per share, on stock market indices in the United States and the euro zone. We show that the outperformance of US stock market indices compared with European indices is not due to share buybacks.

09/02/2024 1 EN

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Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

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Analysts

Patrick Artus

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Share buybacks and stock market indices in the United States and the euro zone

Will silver keep outperforming gold?

Buy EnBW 1 7/8 2033 vs. sell RWE 0 5/8 2031

Mid-year Outlook 2025 - "The summer will be hot, the autumn too."

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