Stock Market Boost: Corporate Buybacks in November

Novembers strong stock market performance, driven by corporate stock buybacks, is a significant trend. Companies have approved over $1.2 trillion in buybacks this year, a 15% increase from last year. This surge, with a daily demand of over $6 billion, is creating consistent upward pressure on stock prices. The open buyback window, expected to continue until December 19th, is likely to see increased activity in the fourth quarter as companies strive to meet their year-end repurchase goals.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.