[2023 Review] Check out the list of the top 10 US stock buybacks!
![[2023 Review] Check out the list of the top 10 US stock buybacks!](https://sgsnsimg.moomoo.com/feed_image/181250687/c19e819b50733ef881423af3e430a73b.png/bigmoo)
It is common for US listed companies to write off shares they have bought back, and this is part of shareholder returns due to the rise in EPS. Furthermore, since the number of shares in circulation decreases, it also leads to an increase in stock prices. Also, it is conceivable that companies that carry out share buybacks have confidence in their company's performance in the future, and investors see it as one proof that the investment is worth investing in.
According to data compiled by S&P Global, the amount of US stock buybacks in the 3rd quarter of 2023 was 185.6 billion dollars, up 6.1% from the previous quarter and down 12.0% from the same period last year.
Also, high-tech companies continue to occupy the top US stock buybacks in 2023. Among them, $Apple(AAPL.US$、 $Alphabet-A(GOOGL.US$、 $Meta Platforms(META.US$、 $Microsoft(MSFT.US$、 $NVIDIA(NVDA.US$The five companies carried out stock buyouts totaling close to 150 billion dollars. Apple has carried out a total of 61.2 billion dollars of stock buybacks over the past three quarters, and is at the top of the stock buyback rankings.
This article uses automatic translation for some parts
Source: S&P Global
ー Moo Moo News Citron
Source: S&P Global
ー Moo Moo News Citron
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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