• Chart: S&P 500 Buybacks Hit Record After Covid Pullback | Statista

Following a brief pullback in 2020, stock buybacks returned to their pre-pandemic trend this year and are currently on track to reach a new all-time high in 2021. According to preliminary data from S&P Dow Jones Indices, S&P 500 companies collectively repurchased $234.5 billion in shares in the third quarter, exceeding the previous record of $223 billion set in Q4 2018, the biggest year for stock buybacks so far.

When used excessively, buybacks can also have be seen as a negative, however, as they take away funds from possible investments and are sometimes viewed as a way for executives to boost the value of their stock options.

• Chart: S&P 500 Buybacks Hit Record After Covid Pullback | Statista