Today: 30 June 2026
Browse Category

NYSE:TPR 5 January 2026 - 6 February 2026

Wall Street’s buyback boom: GM, Southwest and Tapestry headline 2026’s share-repurchase trade

Wall Street’s buyback boom: GM, Southwest and Tapestry headline 2026’s share-repurchase trade

General Motors, Southwest Airlines and Tapestry ended 2025 with last-12-month buyback yields above 10% after repurchasing stock worth $8.2 billion, $2.75 billion and $2.8 billion, respectively, MarketBeat wrote on Monday. GM shares rose nearly 53% in 2025, while Southwest gained 23% and Tapestry climbed 96%, the report said. MarketBeat The renewed focus on buybacks comes as investors look for durable supports for equity returns at the start of a new year. Repurchases reduce the number of shares outstanding, which can lift earnings per share even when a company’s overall profit growth slows.
5 January 2026
···

Stock Market Today

  • SpaceX IPO Sends LA Luxury Home Prices Higher
    June 29, 2026, 10:27 PM EDT. SpaceX's $85 billion IPO is driving a spike in demand for high-end homes in Los Angeles. The deal, which briefly pushed Elon Musk to trillionaire status, is set to create more than 4,000 new millionaires-about 400 of them with over $100 million each. That new wealth has buyers eyeing up luxury properties, especially around Manhattan Beach. Local supply is already tight, sending prices up. The same real estate buzz is playing out in South Texas around SpaceX's Starbase. A similar trend hit San Francisco, as AI companies like Anthropic and OpenAI pumped up home prices above $2 million.
Go toTop