To repurchase shares with historically high rhythm the US is planning companieswhich is an indication of the confidence of corporate Americans in the economy.
The announced reproductive stocks by US companies exceeded $ 1 trillion on August 20, signaling as soon as possible to achieve this level, according to data gathered by the Birinyi Associates. The previous record was in October last year, according to Bloomberg
In recent months, big companies have given the green light to large stock repurchase programs. Apple Inc. It announced that it would repurchase $ 100 billion shares after its quarterly results in May. Meanwhile, Alphabet Inc. , JPMorgan Chase & Co. , Goldman Sachs Group Inc. , Wells Fargo & Co. and Bank of America Corp. They announced stocks of at least 40 billion dollars.
“There will be a continuation of the absolute buyer with a fall on the market, which is the company itself,” said Jeffrey Yale Rubin, president of the Birinyi Associates. “The profits are good, they have a lot of money for capital spending and this is a good way to reward investors and owners of the company.”
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Apple’s $ 100 billion repurchase plan is the largest among the announced US shares so far.
Last month, the announced stock reprints amounted to $ 166 billion, the highest recorded value in dollars for July, as shares repurchase plans from the largest US financial and technology companies began. Revolutions offer a crucial support pillar for the US stock market, which has seen the S&P 500 returning to historically high in recent weeks. A series of shares repurchase programs indicates increasing trust among corporate executives.
Rubin expects the momentum to continue by the end of the year, predicting that the announced reproductions will reach $ 1.3 trillion and complete reproduction will reach record levels.
“In the absence of a dramatic slowdown in the economy, we predict that integrated stock reproductions in 2026 will reach $ 1.2 trillion, which will be a new record,” Rubin wrote in a note posted on August 26.
Shares have caused the anger of some members of the Trump government as they are a matter in the dispute over President Donald Trump’s tax bill. Speaking to Fox Business on Wednesday, Finance Minister Scott Bessed attacked Boeing Co. for a “massive” repurchase of shares in which the company made instead of investing in research and growth.