JPMorgan Chase's (NYSE:JPM) stock buybacks
- 12-month stock buybacks (ended Sept. 2025): $27.628 billion
- Stock buybacks as a percentage of market cap (as of Sept. 30, 2025): 3.2%
- 5-year stock buybacks: $73.551 billion
- 10-year stock buybacks: $149.763 billion
JPMorgan Chase has been ramping up its stock buybacks. In July 2025, its board authorized a share repurchase program of $50 billion, up from the $30 billion it approved in 2024.
Exxon Mobil's (NYSE:XOM) stock buybacks
- 12-month stock buybacks (ended Sept. 2025): $20.674 billion
- Stock buybacks as a percentage of market cap (as of Sept. 30, 2025): 4.3%
- 5-year stock buybacks: $67.681 billion
- 10-year stock buybacks: $71.685 billion
One of the leading oil companies, Exxon Mobil, has also been a leader in stock buybacks with a target of $20 billion per year through 2026.
Microsoft's (NASDAQ:MSFT) stock buybacks
- 12-month stock buybacks (ended Sept. 2025): $19.963 billion
- Stock buybacks as a percentage of market cap (as of Sept. 30, 2025): 0.5%
- 5-year stock buybacks: $116.907 billion
- 10-year stock buybacks: $199.882 billion
Microsoft hasn't bought back as many of its shares as some of its tech rivals. However, that could change in the near future, as its board of directors has authorized up to $60 billion in share repurchases.
Bank of America’s (BAC +0.45%) stock buybacks
- 12-month stock buybacks (ended Sept. 2025): $18.658 billion
- Stock buybacks as a percentage of market cap (as of Sept. 30, 2025): 4.8%
- 5-year stock buybacks: $63.265 billion
- 10-year stock buybacks: $136.990 billion
Bank of America has increased its buybacks in recent quarters. In the third quarter of 2025, it repurchased $5.3 billion worth of shares, up from $3.5 billion a year prior.
Visa's (NYSE:V) stock buybacks
- 12-month stock buybacks (as of Sept. 30, 2025): $18.597billion
- 12-month stock buyback as a percentage of market cap (as of Sept. 30, 2025): 3%
- 5-year stock buybacks: $68.278 billion
- 10-year stock buybacks: $106.772 billion
Visa has a dominant share of the payment processing market, with $13.2 trillion in payment volume during 2024. In recent years, it has bet big on its growth prospects by repurchasing its stock. In April 2025, the board authorized buybacks of $30 billion spread over multiple years.
Wells Fargo's (NYSE:WFC) stock buybacks
- 12-month stock buybacks (ended Sept. 2025): $16.516 billion
- Stock buybacks as a percentage of market cap (as of Sept. 30, 2025): 6.2%
- 5-year stock buybacks: $64.825 billion
- 10-year stock buybacks: $135.247 billion
Wells Fargo has slowed down its stock buybacks, from $6.0 billion in the first quarter of 2024 to $3.5 billion a year later. However, in April 2025, it announced board approval of a $40 billion stock repurchase program, and in Q3 2025, it repurchased $6 billion shares.
Which sectors make the largest stock buybacks?
The sectors with the largest stock buybacks are the information technology, financial, communication services, healthcare, and industrial sectors. Here's a closer look at share buyback numbers in each of them.
