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How Much Longer Can Buybacks Push Stocks Higher?

Companies buying back their own shares is now one of the biggest sources of demand for stocks, helping propel the S&P 500 to new record highs.
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How Much Longer Can Buybacks Push Stocks Higher?
Traders work on the floor of the New York Stock Exchange ahead of the closing bell on Aug. 15, 2018. Share buybacks are now one of the biggest sources of demand for stocks. Eduardo Munoz Alvarez/Getty Images
Rahul Vaidyanath
Updated:

Companies buying back their own shares is now one of the biggest sources of demand for stocks, helping propel the S&P 500 to new record highs.

Goldman Sachs expects the amount of stock bought back to reach a record US$1 trillion this year. And August is the most popular month for corporate buybacks, accounting for 13 percent of annual activity.
Rahul Vaidyanath
Rahul Vaidyanath
Journalist
Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.
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