COUNTERPOINT · 2000—2023 — The market hands cash back
Issuance vs buybacks — Does the market hand cash back or take it? The full ledger.
From 2000–2023, US public companies issued $9.7T of equity and retired $14.0T — a net $4.3T out. SBC-to-sales rose from 0.2% to 1.3%.
What this page answers
This static page is built to answer searches for COUNTERPOINT · 2000—2023. It summarizes the live dataset behind the The market hands cash back panel and links to the full interactive chart.
From 2000–2023, US public companies issued $9.7T of equity and retired $14.0T — a net $4.3T out. SBC-to-sales rose from 0.2% to 1.3%. The data is refreshed by the History of Market pipeline and published as a stable JSON endpoint for research, citation, and AI-agent use.
The plate
Data & Source
Exchange closing prices · Company filings · Robert Shiller · FRED · NBER.
FAQ
Where does this data come from?
History of Market combines public market and macro datasets — exchange closing prices, company filings, Robert Shiller, FRED, NBER, and the UBS Global Investment Returns Yearbook (Dimson–Marsh–Staunton). The exact endpoint for this panel is linked below.
How often is it updated?
Daily-tier datasets refresh after the U.S. market close, with a broader weekly refresh on Sunday. The timestamp shown on this page comes from the JSON payload.
Can I use the data?
Yes, for research and education with attribution to History of Market. Upstream data sources retain their own terms.