Apple dominated Wall Street's buyback business even before its latest $110 billion

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Stock Markets,Investment Strategy,Apple Inc

In the last 12 months, Apple bought back $84.5 billion in stock, far more than any other company in the S&P 500.

Apple's $110 billion stock buyback announcement Thursday is large, but the iPhone maker already dominated the league table of companies making the largest stock buybacks in the S & P 500, measured in dollar terms. In the last 12 months, Apple has bought back $84.5 billion in stock, far beyond anyone else in the S & P 500. Buyback leaders Apple $84.5 billion Alphabet $62.6 b Meta $34.5 b Microsoft $18.7 b Exxon Mobil $16.4 b Chevron $14.0 b Visa $13.2 b T-Mobile $12.3 b Comcast $11.

Apple not only dominates recent total buybacks; it completely dominates the largest quarterly buybacks ever done. Largest quarterly buybacks in history Apple $27.6 billion Apple $25.6 b Apple $24.7 b Apple $24.5 b Apple $23.8 b Source: S & PDowJonesIndices Buybacks are the preferred mode of returning cash In recent years buybacks have become the preferred method of returning cash to shareholders.

 

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