Tax Savings: Share Repurchases and Apple Aapl

tax savings: Companies continued to spend more of their tax savings on these share repurchases as they boosted earnings through significantly reduced share counts, S&P Dow Jones Indices analyst Howard Silverblatt explained last month, according to Market Watch. Top buyback queens in 2018 included Apple AAPL, 0.56% Oracle ORCL, 0.71% Wells Fargo WFC, -0.73% and Microsoft MSFT, 0.76% But what happens to these shares and the rest of the investment landscape when it stops Wolf Richter of the Wolf Street blog chewed on the notion of a stock market without its biggest source of demand, and the picture he paints, with the help of Goldman Sachs GS, 1.18% isn't pretty. That's never happened before. Caption outside of wrapper for normal article images Too painful to even imagine, he wrote. Read How is this possible ' Analysts puzzle over stock market's rally amid equity-fund exodus To get a sense of what the biggest investors have been up to over the past few years of this broad market push, Richter cited this data Caption outside of wrapper for normal article images As one can see, the total amount shed comes to about 1.1 trillion. Share buybacks are the relentless bid, buying at any price, buying not to acquire assets at a low price but buying with the specific purpose of pushing up prices. (news.financializer.com). As reported in the news.