Corporate America's Buybacks Reach Record Levels Beyond Tech Giants
Buyback activity across U.S. corporations has surged to record levels, with daily active repurchase programs increasing from around 10 two years ago to between 50 and 60 in recent months. While the focus often centers on tech giants like those in the Mag Seven group, mid-cap companies and industrials are also contributing significantly due to rising manufacturing profits.
Tickers: $SPY
Topics: corporate repurchases EPS growth Mag Seven S&P 500 stock buybacks