They counted among their numerous corporate clients and reduced the seasonality of buybacks in one chart. Reverse buyout of the company’s own shares from the market is usually a factor in price support. It turned out that the peak of activity of companies falls on the 9th week of the year (end of February) and 33-34 weeks. This period falls on the dates from 13 to 24 August.
In theory, in the absence of any negative shocks, this process is an additional factor of support for the US stock market. Especially for the IT sector, in which the bulk of the total buyback is concentrated.