Apple Inc. ($AAPL) experienced its strongest weekly performance in five years, with shares rising approximately 13.3%, adding over $400 billion to its market capitalization. This surge marked Apple’s largest weekly outperformance against the Nasdaq in half a decade, exceeding the index by 10%. The rally followed a White House visit and represented Apple’s best week since July 2020. Over the past decade, Apple has repurchased about 35% of its outstanding shares, totaling roughly $750 billion, contributing to a stock price increase of 782% during that period. In 2025, U.S. companies are on track to execute record stock buybacks exceeding $1.1 trillion, with $983.6 billion already announced through August. Apple is the largest single buyer this year, committing approximately $100 billion to share repurchases. Other major corporations such as Google, JPMorgan Chase, Bank of America, and Morgan Stanley are also actively buying back shares. Additionally, Adobe has repurchased over $12 billion in shares in the past year, equivalent to 8.3% of its market capitalization. Telstra announced plans to repurchase up to A$1 billion ($654 million) of its stock, following a recent A$750 million buyback. Apple’s stock recently reached its highest price in over five months and outperformed other major technology companies, including Tesla, Alphabet, and Meta, over a recent five-day period.
Apple $AAPL jumps to highest price in more than 5 months 📈📈 https://t.co/A89b3nuj1M
Telstra will repurchase as much as A$1 billion ($654 million) of its stock on market, building on a A$750 million buyback completed in June https://t.co/6xNl4DDBEn
Adobe has now bought back more than $12 billion in shares over the last 12 months. That's equivalent to 8.3% of its current market cap. $ADBE https://t.co/le6oNSfGpI