Magnificent Seven Stock Buybacks

What We’re Showing

The total value of stock buybacks that Magnificent Seven companies reported from June 1, 2023 to June 1, 2024, using company financial statements.

We’ve also shown the buyback ratio, or the total buybacks as a percentage of each company’s market cap.

Key Takeaways

• Stock buybacks are when a company purchases their own shares, reducing the number of shares available on the market.
• Companies may choose to buy back shares to return profit to investors, because when there are fewer shares available the share price may rise.
• Apple had the most stock buybacks of $83 billion over the last four quarters, while Amazon and Tesla did not buy back any shares.