Global share buybacks surged by 26.8% in the second quarter, reaching 572 billion dollars. In Spain, listed companies contributed over 3.1 billion dollars, led by BBVA.
Global share buybacks have totalled 572 billion dollars in the second quarter of 2026, representing a 26.8% increase compared to the same period last year. This remarkable rise has been primarily driven by the technology sector, according to a report by Janus Henderson.
Technology companies have outpaced the financial sector in terms of buying back their own shares, allocating more than 121 billion dollars, a 7.3% increase from the previous quarter. Among the companies leading this movement are Salesforce, Apple, Toyota, and Nvidia.
In Spain, major listed companies have conducted buybacks worth a total of 3.1 billion dollars (equivalent to 2.7 billion euros). This figure places Spain as the second largest contributor in the eurozone, only behind Germany. BBVA stands out as the leader in the country and ranks second in the European ranking, only surpassed by Shell.
Experts from Janus Henderson predict that, in 2026, share buybacks will continue to rise, estimating growth of between 7% and 8%, thanks to the robustness of corporate earnings and strong cash generation from companies. Furthermore, the financial sector remains the largest dividend payer globally, with over 239.7 billion dollars distributed in the last quarter.

