5 Companies That Are Buying Back Their Stock

2. Alphabet Inc. (NASDAQ:GOOG)

Q3 2022 Buybacks (Million): $15,392

Number of Hedge Fund Holders: 156

Considering the tech leader doesn’t pay a dividend, stock buybacks have been the only way Alphabet Inc. (NASDAQ:GOOG) has returned capital back to shareholders. Given Alphabet Inc. (NASDAQ:GOOG) remains one of the most profitable companies in the world, the company ranks among the top S&P 500 components in terms of stock buybacks. In Q3, Alphabet Inc. (NASDAQ:GOOG) bought back $15.39 billion worth of its stock, bringing its ten year buyback total to $163.10 billion.