5 Stocks with the Biggest Buybacks

3. Meta Platforms, Inc. (NASDAQ:META)

Q3 2022 Buybacks (Million): $7,365

Number of Hedge Fund Holders: 177

Considering it doesn’t pay a dividend, Meta Platforms, Inc. (NASDAQ:META) has returned much of its excess capital through buybacks. In Q3 2022 alone, the company bought back almost $7.4 billion shares, ranking #3 on our list of 10 Stocks with the Biggest Buybacks. As of October, Meta Platforms, Inc. (NASDAQ:META) has around $24 billion left on its share buyback authorization. If Meta Platforms, Inc. (NASDAQ:META)’s profits increase, it is likely Mark Zuckerberg will add more in the long term.