logo

US Corporations Drive Trillion-Dollar Stock Buyback Craze at Record Pace

By: theblockbeats.news|2025/08/27 19:12:09

BlockBeats News, August 28th, U.S. companies are planning to buy back stocks at a record pace. According to Birinyi Associates data, as of August 20th, announced stock buybacks have exceeded $1 trillion, reaching this scale in the shortest time in history.

In the past few months, large companies have approved large-scale buyback plans. Apple announced after its quarterly earnings in May that it would buy back $100 billion in stocks, while Alphabet, JPMorgan Chase, Goldman Sachs, and others also announced buybacks of at least $400 billion each. The total buybacks announced by U.S. companies last month reached $166 billion, setting a record high for July.

Rubin, President of Birinyi Associates, expects the total buybacks announced by the end of the year to reach $13 trillion. However, buybacks have also drawn criticism from some members of the Trump administration, with Treasury Secretary Yellen on Wednesday criticizing Boeing for conducting "massive" buybacks instead of investing in research and development. (Jinse)

Ethereum Withdrawal Trend Continues, with a CEX Net Outflow of 297.8K ETH in the Last 24 Hours
NVIDIA's stock tumbles 5% in after-hours trading, approves an additional $6 billion stock buyback

You may also like

Share
copy

Gainers

Latest Crypto News

12:15

Cysic Foundation: Airdrop Eligibility Check Tool Now Live

11:45

WSJ: Investors are Wary of a New Round of the "Crypto Winter"

11:45

Aethir Releases 12-Month Future Roadmap to Accelerate Growth in Global Enterprise AI Computing Business

11:15

24-hour Spot Funding Inflow/Outflow List: ETH Net Outflow of $126 million, ZEC Net Outflow of $18.2 million

11:15

Bloomberg: Fed Never So Split on Long Rate Strategy

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]