Apple was the leading force in Wall Street’s buyback industry until their recent $110 billion expenditure

Welcome to Extreme Investor Network, where we provide you with the latest insights and trends in the world of trading. Today, we’re diving into the recent $110 billion stock buyback announcement from Apple and what it means for the market.

Apple’s stock buyback announcement on Thursday made headlines, but did you know that the tech giant has already been dominating the league table of companies with the largest stock buybacks in the S&P 500? In the last 12 months alone, Apple has bought back a staggering $84.5 billion in stock, surpassing all other companies in the index.

But Apple isn’t just a buyback leader in terms of total buybacks; it also holds the record for the largest quarterly buybacks in history. The company has been aggressively reducing its share count since 2013, from 26.2 billion to 15.3 billion today, a reduction of 41%.

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In recent years, buybacks have become the preferred method of returning cash to shareholders, as seen in corporate America’s allocation of cash flow in 2023. With buybacks considered more flexible than dividends, companies are ramping up their buyback programs. In fact, it is estimated that corporate America executed buybacks totaling $925 billion in 2024, up from $815 billion in 2023.

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