U.S. Companies Rush to Buyback Stocks as Window Opens

Goldman Sachs has estimated that U.S. stock companies have re-entered the buyback open window period, which will last until June 13. Currently, approximately 40% of companies have entered this window, with an expected increase to about 65% by the end of this week.

Following a one-month buyback blackout period in the U.S. stock market, Goldman Sachs has observed a slight increase in buyback funds, indicating that companies are beginning to enter the buyback open window. Additional purchase orders have been issued by enterprises.

The financial sector remains the most active in buybacks, followed by the industrial and consumer discretionary sectors. Given recent market dynamics, the flow of funds and changes in corporate behavior during the upcoming buyback open window will be closely monitored.

According to the latest announcements, Goldman Sachs noted that last week was an active week for new buyback authorizations, with 31 new buyback plans approved, totaling $85.8 billion. The largest buyback projects included several significant initiatives.

Goldman Sachs currently estimates that the cumulative buyback authorization for 2025 has reached $463.3 billion. For the full year of 2025, Goldman Sachs projects that buyback authorizations will set a new record of $13.5 billion, with the actual executed buyback amount slightly below $11 billion.

This estimation suggests that the buyback scale on Monday could reach $2 billion, increasing to $3 billion by Friday, and peaking at $5 billion by the end of next week. The financial sector remains the most active in buybacks, followed by the industrial and consumer discretionary sectors. Given recent market dynamics, the flow of funds and changes in corporate behavior during the upcoming buyback open window will be closely monitored.