[JPMorgan: Stock Buybacks to Reach Record Highs] Golden Finance reports that JPMorgan predicts U.S. stock buybacks will increase by $600 billion this year, building on last year's record $1.5 trillion. In just eight months, global buyback volumes have already reached $1.37 trillion, matching last year's total, suggesting that 2025 could see buybacks reach $1.9 trillion—a 38% increase. Despite strong activity, buybacks relative to market capitalization remain below historical peaks (2.6% in 2007, 5% in 2007). Amid sluggish IPO activity, record-breaking stock buybacks are reducing stock supply for the fourth consecutive year, continuing to support the market.