
August 12, 2025
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11:11Now PlayingDonald Trump's tax cuts to benefit billionaires and corporations explode in surging stock buybacks as record high numbers are unveiled, with those companies only inflating their share value and the profit for CEOs but not actually hiring more workers or creating more facilities. John Iadarola and Sen. Nina Turner break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
American Companies Are Buying Their Own Stocks at a Record Pace
"American companies are repurchasing their shares at a record pace, boosting their balance sheets and fueling the U.S. stock rally.
U.S. companies have announced $983.6 billion worth of stock buybacks so far this year, the best start to a year on record, according to Birinyi Associates data going back to 1982. They are projected to purchase more than $1.1 trillion worth overall in 2025, which would mark an all-time high.
The biggest repurchasers include tech giants Apple and Google parent Alphabet. Big banks such as JPMorgan Chase, Bank of America and Morgan Stanley also are leading the charge.
Strong earnings growth and tax cuts have helped fill corporate coffers, while powering stocks out of their tariff-driven April rout and lifting the S&P 500 and Nasdaq composite to fresh records. At the same time, the confusion around trade has stalled many businesses’ investment plans, making buybacks a more appealing use of incoming cash."
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