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Corporate America Is Quietly Buying Back Its Own Stock at a Record Pace, and It’s Not Just the Mag 7
Key takeaways
- Manufacturing profits jumped 31% year over year, giving non-tech CFOs fresh buyback firepower even as SPY slips 2% over the past month.
- Two June capital raises totaling $140 billion were absorbed without disruption, representing the largest back-to-back equity supply events in US history, with broad buyback programs acting as a structural bid.
- Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks.
Corporate America Is Quietly Buying Back Its Own Stock at a Record Pace, and It’s Not Just the Mag 7 Omor Ibne Ehsan Fri, June 26, 2026 at 11:45 PM GMT+7 4 min read PKW SPY Quick Read Daily active repurchase programs surged from 10 to somewhere between 50 and 60, with PKW up 17% over the past year as mid-caps and industrials join the buyback wave.
Manufacturing profits jumped 31% year over year, giving non-tech CFOs fresh buyback firepower even as SPY slips 2% over the past month.
Two June capital raises totaling $140 billion were absorbed without disruption, representing the largest back-to-back equity supply events in US history, with broad buyback programs acting as a structural bid.
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