BAXTER INTERNATIONAL INC (BAX)

Baxter International, Inc. engages in the provision of a portfolio of essential healthcare products including acute and chronic dialysis therapies, sterile intravenous (IV) solutions, infusion systems and devices, parenteral nutrition therapies, inhaled anesthetics, generic injectable pharmaceuticals, surgical hemostat and sealant products, surgical equipment, smart bed systems, patient monitoring and diagnostic technologies, and respiratory health devices. It operates through the following segments: Americas, Europe, Middle East and Africa (EMEA), Asia-Pacific (APAC), and Hillrom. The Americas, EMEA, and APAC segments offer a portfolio of essential healthcare products. The Hillrom segment provides digital and connected care solutions and collaboration tools, including smart bed systems, patient monitoring and diagnostic technologies, respiratory health devices, and equipment for the surgical space. The company was founded by Davis Baxter in 1931 and is headquartered in Deerfield, IL.

Address

ONE BAXTER PKWY
DEERFIELD, IL 60015

Founded

1931

Number of Employees

60,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$249,989 - - $384,732 $1,387,440 $706,655 $500,153 $600,157 $32,414 - - $551,649
Average Price $74.18 - - $61.60 $66.36 $84.66 $78.85 $82.20 $64.83 - - $72.84
# Shares Purchased 3,370,000 - - 6,245,714 20,908,653 8,347,345 6,343,100 7,301,300 500,000 - - 7,573,730
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date -47.4% - - -36.7% -41.2% -53.9% -50.5% -52.6% -39.8% - - -46.5%
S&P 500 Return to Date 181.9% - - 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% - - 93.3%
Excess Total Return -229.3% - - -166.4% -146.1% -147.0% -125.4% -84.2% -77.1% - - -139.8%
Quartile Rank
Percentile Rank 18% - - 20% 16% 11% 9% 13% 16% - - 16%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.