| 2002 Buyback Companies, and their Performance Relative to the S&P500 | |||||
| ( performance through Apr 12 2004, assumes buy on day after announcement ) | |||||
| Ticker | Name | Announcement Date |
Stock % Change |
S&P % Change |
Stock-S&P |
| BSC | BEAR STEARNS COS | 1/8/02 | 42.4% | -0.9% | 43.2% |
| PRU | PRUDENTL FINL | 1/22/02 | 51.4% | 1.5% | 49.9% |
| MTG | MGIC INVT CORP | 1/24/02 | 1.1% | 1.1% | 0.0% |
| SWY | SAFEWAY INC | 1/24/02 | -46.0% | 1.1% | -47.1% |
| VIA | VIACOM INC-A | 1/24/02 | 3.8% | 1.1% | 2.7% |
| LEH | LEHMAN BROS HLDG | 1/25/02 | 25.4% | 1.1% | 24.3% |
| WMI | WASTE MANAGEMENT | 2/1/02 | 23.3% | 4.6% | 18.6% |
| ATH | ANTHEM INC | 2/6/02 | 64.7% | 6.0% | 58.6% |
| RJR | RJ REYNOLDS TOB | 2/6/02 | -1.7% | 6.0% | -7.8% |
| AFL | AFLAC INC | 2/12/02 | 61.4% | 2.4% | 59.0% |
| XRX | XEROX CORP | 2/12/02 | 40.0% | 2.4% | 37.6% |
| JNJ | JOHNSON&JOHNSON | 2/13/02 | -10.6% | 2.6% | -13.2% |
| THC | TENET HEALTHCARE | 2/14/02 | -72.2% | 3.7% | -75.9% |
| HMA | HEALTH MGMT AS-A | 2/21/02 | 21.4% | 5.1% | 16.4% |
| LXK | LEXMARK INTL INC | 2/21/02 | 87.5% | 5.1% | 82.4% |
| BBT | BB&T CORPORATION | 2/27/02 | -5.7% | 3.5% | -9.2% |
| PFG | PRINCIPAL FINL | 2/28/02 | 46.2% | 1.2% | 45.0% |
| EK | EASTMAN KODAK | 3/5/02 | -21.6% | -1.5% | -20.0% |
| BMET | BIOMET INC | 3/26/02 | 51.3% | 0.1% | 51.2% |
| CF | CHARTER ONE FIN | 4/23/02 | 7.6% | 4.8% | 2.9% |
| KMB | KIMBERLY-CLARK | 4/25/02 | -2.3% | 6.4% | -8.7% |
| LLTC | LINEAR TECH CORP | 5/3/02 | 15.4% | 8.8% | 6.6% |
| FDC | FIRST DATA CORP | 5/8/02 | 11.8% | 6.7% | 5.0% |
| KG | KING PHARMACEUT | 5/14/02 | -40.1% | 5.0% | -45.1% |
| MXIM | MAXIM INTEGRATED | 5/14/02 | -1.6% | 5.0% | -6.5% |
| UNM | UNUMPROVIDENT | 5/15/02 | -38.9% | 4.3% | -43.2% |
| TMO | THERMO ELECTRON | 5/16/02 | 51.7% | 3.5% | 48.2% |
| FDX | FEDEX CORP | 5/31/02 | 40.1% | 10.0% | 30.1% |
| DELL | DELL INC | 6/5/02 | 35.2% | 11.3% | 23.9% |
| AMGN | AMGEN INC | 6/12/02 | 55.7% | 13.4% | 42.3% |
| AXP | AMERICAN EXPRESS | 6/19/02 | 39.7% | 13.8% | 25.9% |
| MHP | MCGRAW-HILL COS | 6/19/02 | 29.4% | 13.8% | 15.6% |
| SBUX | STARBUCKS CORP | 6/19/02 | 56.9% | 13.8% | 43.1% |
| AZO | AUTOZONE INC | 6/21/02 | 2.5% | 15.4% | -12.8% |
| ETR | ENTERGY CORP | 6/21/02 | 33.7% | 15.4% | 18.3% |
| JHF | JOHN HAN FIN SVC | 6/25/02 | 37.8% | 17.6% | 20.2% |
| WAT | WATERS CORP | 6/25/02 | 70.0% | 17.6% | 52.4% |
| PFE | PFIZER INC | 6/27/02 | 1.9% | 15.7% | -13.8% |
| BLS | BELLSOUTH CORP | 7/1/02 | -11.4% | 20.8% | -32.2% |
| TJX | TJX COS INC | 7/1/02 | 31.4% | 20.8% | 10.6% |
| SWY | SAFEWAY INC | 7/8/02 | -26.1% | 20.2% | -46.3% |
| ACV | ALBERTO-CULVER | 7/15/02 | 55.2% | 27.1% | 28.1% |
| HD | HOME DEPOT INC | 7/15/02 | 19.4% | 27.1% | -7.7% |
| C | CITIGROUP INC | 7/16/02 | 51.1% | 26.4% | 24.8% |
| INTU | INTUIT INC | 7/16/02 | -1.9% | 26.4% | -28.3% |
| ONE | BANK ONE CORP | 7/16/02 | 47.0% | 26.4% | 20.6% |
| ZION | ZIONS BANCORP | 7/18/02 | 25.3% | 35.1% | -9.8% |
| AIG | AMER INTL GROUP | 7/19/02 | 36.7% | 39.7% | -3.0% |
| PEP | PEPSICO INC | 7/19/02 | 55.0% | 39.7% | 15.3% |
| WM | WASH MUTUAL INC | 7/22/02 | 27.5% | 43.6% | -16.1% |
| JP | JEFFERSON-PILOT | 7/22/02 | 44.1% | 43.6% | 0.6% |
| MRK | MERCK & CO | 7/23/02 | 11.3% | 35.8% | -24.4% |
| BMC | BMC SOFTWARE INC | 7/25/02 | 72.5% | 34.3% | 38.2% |
| HCA | HCA INC | 7/25/02 | -5.8% | 34.3% | -40.1% |
| LXK | LEXMARK INTL INC | 7/25/02 | 104.0% | 34.3% | 69.8% |
| HCR | MANOR CARE INC | 7/26/02 | 71.2% | 27.4% | 43.8% |
| EOP | EQUITY OFFICE PR | 7/29/02 | -3.2% | 26.9% | -30.0% |
| K | KELLOGG CO | 7/29/02 | 19.9% | 26.9% | -7.0% |
| CE | CONCORD EFS (acquired 2/26/04) | 8/6/02 | -24.0% | 30.6% | -54.6% |
| CSCO | CISCO SYSTEMS | 8/6/02 | 85.8% | 30.6% | 55.1% |
| CAH | CARDINAL HEALTH | 8/7/02 | 15.7% | 26.5% | -10.8% |
| LNC | LINCOLN NATL CRP | 8/8/02 | 41.4% | 26.0% | 15.3% |
| UST | UST INC | 8/8/02 | 14.9% | 26.0% | -11.2% |
| PTV | PACTIV CORP | 8/13/02 | 31.5% | 24.5% | 7.0% |
| EC | ENGELHARD CORP | 8/14/02 | 18.6% | 23.1% | -4.5% |
| PRU | PRUDENTL FINL | 8/14/02 | 41.8% | 23.1% | 18.7% |
| WMT | WAL-MART STORES | 8/14/02 | 4.8% | 23.1% | -18.3% |
| ADI | ANALOG DEVICES | 8/15/02 | 88.8% | 23.3% | 65.5% |
| JHF | JOHN HAN FIN SVC | 8/21/02 | 49.2% | 19.0% | 30.3% |
| PFG | PRINCIPAL FINL | 8/29/02 | 23.6% | 25.0% | -1.4% |
| YHOO | YAHOO INC | 8/29/02 | 435.9% | 25.0% | 410.8% |
| EXC | EXELON CORP | 9/3/02 | 51.3% | 28.2% | 23.1% |
| MNST | MONSTER WORLDWID | 9/3/02 | 193.8% | 28.2% | 165.6% |
| ABS | ALBERTSON'S INC | 9/6/02 | -16.3% | 26.8% | -43.1% |
| BHI | BAKER HUGHES INC | 9/10/02 | 30.5% | 25.9% | 4.6% |
| TMO | THERMO ELECTRON | 9/12/02 | 73.8% | 28.7% | 45.1% |
| CL | COLGATE-PALMOLIV | 9/13/02 | -3.7% | 28.5% | -32.2% |
| DRI | DARDEN RESTAURAN | 9/18/02 | -0.1% | 35.8% | -35.9% |
| BMET | BIOMET INC | 9/23/02 | 52.3% | 39.8% | 12.5% |
| PCAR | PACCAR INC | 9/24/02 | 169.5% | 36.4% | 133.1% |
| WFC | WELLS FARGO & CO | 9/24/02 | 17.5% | 36.4% | -18.9% |
| MRO | MARATHON OIL | 9/25/02 | 47.6% | 33.9% | 13.6% |
| TAP/B | TRAVELERS-B (acquired 4/1/04) | 9/25/02 | 26.9% | 33.9% | -7.0% |
| ADBE | ADOBE SYS INC | 9/26/02 | 115.4% | 38.4% | 77.0% |
| DD | DU PONT (EI) | 10/1/02 | 18.1% | 38.3% | -20.2% |
| EMC | EMC CORP/MASS | 10/3/02 | 241.5% | 43.0% | 198.5% |
| LMT | LOCKHEED MARTIN | 10/7/02 | -19.3% | 43.4% | -62.7% |
| RJR | RJ REYNOLDS TOB | 10/8/02 | 66.4% | 47.4% | 19.0% |
| FDO | FAMILY DOLLAR ST | 10/9/02 | 26.5% | 42.5% | -15.9% |
| UTX | UNITED TECH CORP | 10/9/02 | 71.0% | 42.5% | 28.6% |
| KLAC | KLA-TENCOR CORP | 10/10/02 | 85.2% | 37.1% | 48.1% |
| VIA/B | VIACOM INC-B | 10/10/02 | -0.3% | 37.1% | -37.4% |
| FTN | FIRST TENN NATL | 10/15/02 | 32.6% | 33.2% | -0.6% |
| QLGC | QLOGIC CORP | 10/16/02 | 11.7% | 30.3% | -18.5% |
| AMCC | APPLIED MICRO CI | 10/17/02 | 67.0% | 29.5% | 37.5% |
| ALTR | ALTERA CORP | 10/21/02 | 98.5% | 28.7% | 69.8% |
| CD | CENDANT CORP | 10/21/02 | 97.9% | 28.7% | 69.3% |
| ZION | ZIONS BANCORP | 10/21/02 | 46.0% | 28.7% | 17.4% |
| IFF | INTL FLVR & FRAG | 10/22/02 | 2.3% | 27.8% | -25.5% |
| PHM | PULTE HOMES INC | 10/22/02 | 107.6% | 27.8% | 79.8% |
| GIS | GENERAL MILLS IN | 10/23/02 | 12.8% | 29.8% | -17.0% |
| MTG | MGIC INVT CORP | 10/24/02 | 47.6% | 27.6% | 20.0% |
| WEN | WENDY'S INTL INC | 10/24/02 | 26.5% | 27.6% | -1.1% |
| GWW | WW GRAINGER INC | 10/30/02 | 4.5% | 29.3% | -24.8% |
| CE | CONCORD EFS (acquired 2/26/04) | 11/7/02 | -0.5% | 28.0% | -28.5% |
| PBI | PITNEY BOWES INC | 11/11/02 | 33.1% | 29.7% | 3.4% |
| ADP | AUTOMATIC DATA | 11/12/02 | 3.7% | 29.8% | -26.0% |
| BK | BANK NEW YORK | 11/12/02 | 28.4% | 29.8% | -1.3% |
| STI | SUNTRUST BANKS | 11/12/02 | 20.8% | 29.8% | -8.9% |
| INTC | INTEL CORP | 11/14/02 | 46.8% | 25.9% | 20.9% |
| AXP | AMERICAN EXPRESS | 11/18/02 | 40.3% | 27.7% | 12.6% |
| CE | CONCORD EFS (acquired 2/26/04) | 11/21/02 | 5.6% | 23.1% | -17.5% |
| EOP | EQUITY OFFICE PR | 11/21/02 | 1.1% | 23.1% | -21.9% |
| YUM | YUM! BRANDS INC | 11/21/02 | 64.7% | 23.1% | 41.6% |
| PFG | PRINCIPAL FINL | 11/26/02 | 24.0% | 22.0% | 2.0% |
| NAV | NAVISTAR INTL | 12/6/02 | 85.4% | 28.4% | 57.0% |
| KR | KROGER CO | 12/10/02 | 15.4% | 26.5% | -11.2% |
| LMT | LOCKHEED MARTIN | 12/10/02 | -9.8% | 26.5% | -36.4% |
| THC | TENET HEALTHCARE | 12/11/02 | -37.8% | 27.0% | -64.8% |
| BCR | BARD (C.R.) INC | 12/12/02 | 72.1% | 28.7% | 43.3% |
| G | GILLETTE CO | 12/12/02 | 28.6% | 28.7% | -0.1% |
| HSY | HERSHEY FOODS | 12/12/02 | 26.6% | 28.7% | -2.1% |
| MAS | MASCO CORP | 12/13/02 | 38.6% | 25.8% | 12.8% |
| MCK | MCKESSON CORP | 12/13/02 | 15.9% | 25.8% | -9.9% |
| Average | 13.7% | ||||
| Stdev | 54.8% | ||||
| N | 124 | ||||
| % positive | 54.8% | ||||