AI Overview
Corporate stock buybacks saw a significant rebound from 2020 to 2024, with record-breaking levels in 2022 and 2024. In 2022, companies repurchased a record $922.7 billion in shares. While buybacks dipped in 2023, they surged again in 2024, with projections to potentially surpass $1 trillion.
Here's a more detailed breakdown:
2020:
Buybacks were lower due to the pandemic and recession, according to Forbes.
2021:
Buybacks started to recover, with a total of $922 billion in repurchased stock for S&P 500 companies.
2022:
A record $922.7 billion in share repurchases were executed by S&P 500 companies, according to The Motley Fool.
2023:
Buybacks decreased to $795 billion, but still remained a significant amount.
2024:
Buybacks rebounded strongly, with companies spending about $700 billion in the first three quarters of the year, according to The Motley Fool. Goldman Sachs predicted a total of $925 billion for the year, according to Wall Street Horizon.
2025:
Projections suggest buybacks could surpass $1 trillion for the first time, according to the Center on Budget and Policy Priorities.
Notable buybacks:
Apple announced a $110 billion buyback plan in May 2024, according to Investopedia.
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