US Stock Buybacks to Hit $1 Trillion in 2025, Goldman Says

US share buybacks are set to surpass $1 trillion next year for the first time ever, thanks to strong megacap technology earnings, strategists at Goldman Sachs Group Inc. said. For 2024, the bank expects S&P 500 stock repurchases to grow by 13% to $925 billion and a further 16% in 2025 to just over $1 trillion...