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MarketBeat
MarketBeat
Leo Miller

Who Led Buybacks to End 2024? Hint: It Wasn’t Big Tech

Exxon UnitedHealth Kroger Nasdaq KR MarketBeat Meta Microsoft

Big tech has become known for its big-time use of buybacks. In the last quarter of 2024, Apple (NASDAQ: AAPL), Alphabet (NASDAQ: GOOG), Meta Platforms (NASDAQ: META), and Microsoft (NASDAQ: MSFT) spent nearly $51 billion on share repurchases combined. This makes sense, considering the very strong balance sheets of these firms and their massive size compared to the rest of the market.

However, big tech firms weren’t the only ones spending heavily on buybacks. Here’s a look at the three non-tech U.S. stocks that spent the most on buybacks in the last quarter of 2024.

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