Goldman Sachs identifies the S&P 500's most committed share repurchasers

Goldman Sachs highlights a subset of S&P 500 firms — “Buyback Aristocrats” — that have delivered sustained, measurable share repurchases, driving above‑average returns and attractive valuation profiles versus the broader index. Top names like DaVita and eBay lead with roughly 9% annual share reduction and high buyback yields, while names such as Cognizant, Tractor Supply and Universal Health Services are identified as heavy repurchasers trading at discounts and potentially offering value or turnaround opportunities. The note implies buybacks remain an important source of shareholder return and a potential positive catalyst for individual stocks and the S&P 500’s earnings-per-share growth, informing investor selection within the index.