Earnings
Home›Earnings›Previews›Dollar Tree, Morgan Stanley and Accenture expand buyba…
Dollar Tree, Morgan Stanley and Accenture expand buyback plans
In the first four months of 2026, S&P 500 companies announced $665 billion of share repurchases, the highest total ever for that period.
Buybacks are accelerating across the S&P 500, with Bloomberg data showing companies announced $665 billion in repurchase plans during the first four months of 2026, the highest total ever recorded in that timeframe, and analysts projecting authorized repurchases of $1.55 trillion for the full year, according to MarketBeat Ratings.
Dollar Tree replenished its share repurchase authorization by $2.5 billion on July 2, and had already bought back $500 million of stock in June under its prior authorization. MarketBeat Ratings notes Dollar Tree shares were down 5.13% year to date as of the July timing, after falling from a May 13 YTD low of $86.80, and that the stock had gained nearly 48% since then, trading about 10% below its 52-week high of $142.40.
Ahead of its Q2 earnings report on Sept. 2, MarketBeat Ratings points to July 8 upgrades from Raymond James and Goldman Sachs, plus upwardly revised full-year guidance with forecasted EPS in the $6.70 to $7.10 range. Morgan Stanley reauthorized a $20 billion buyback on June 24, and the company’s authorization does not have an expiration date, while Accenture added a $2 billion repurchase plan as part of the three-company collective $24.5 billion total, MarketBeat Ratings said.
Latest closeS&P 500 7,533.77 ▼0.5%