Apple again led the S&P 500 in stock buybacks, spending $23.8 billion in Q1 — more than twice as much as the No. 2 company.

via axios:

Data: S&P Global; Chart: Harry Stevens/Axios

Apple again led S&P 500 companies in buybacks, spending a new record $23.8 billion in Q1, more than doubling its spend from the previous quarter, data from S&P Global shows.

Context: Apple has long been a buyback behemoth. The company holds 8 of the 10 all-time records for quarterly buybacks, and has spent more than $75 billion on buybacks over just the past year.

  • It has spent $234.7 billion over the most recent 5-year period, and $284.3 billion over the last 10-year period.
  • Apple accounted for 23% of share buybacks made by the top 20 S&P 500 companies.

 

 

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