INTERNATIONAL BUSINESS MACHINES CORP (IBM)

International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.

Address

1 NEW ORCHARD ROAD
ARMONK, NY 10504

Founded

1911

Number of Employees

305,300

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- $2,261,985 $2,484,079 $2,707,530 $2,387,506 $1,331,242 - - - - - $2,234,469
Average Price - $152.93 $139.33 $158.81 $142.82 $127.53 - - - - - $145.43
# Shares Purchased - 14,790,552 17,828,860 17,048,873 16,717,207 10,438,574 - - - - - 15,364,813
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - 39.9% 53.6% 34.8% 49.8% 67.8% - - - - - 47.2%
S&P 500 Return to Date - 173.0% 168.6% 129.7% 104.9% 93.1% - - - - - 133.9%
Excess Total Return - -133.0% -115.0% -95.0% -55.0% -25.3% - - - - - -86.7%
Quartile Rank
Percentile Rank - 45% 48% 50% 58% 66% - - - - - 69%
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.