Posted 3/7/2024, 4:00:00 PM
Goldman Sachs: Share Buybacks to Rebound to Over $1 Trillion in 2025 After 2023 Slump
- Share buybacks to rebound and reach over $1 trillion in 2025 according to Goldman Sachs
- Buybacks dropped significantly in 2023 but will recover over next 2 years
- Robust earnings growth, especially for mega-cap tech, will provide cash for buybacks
- Buybacks serve as a "safety net" for stock market, boosting share prices
- Record $1.1 trillion in buybacks expected in 2025 once policy risks from 2024 election pass