Goldman Sachs’ buyback portfolio is beating the market as share repurchases pick up

Published Mon, Aug 16 20212:18 PM EDTUpdated Mon, Aug 16 20215:13 PM EDT

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Corporations are buying back their stock at a time when 87% of S&P 500 companies have reported earnings per share beats for the second quarter, according to FactSet.

To that effect, Goldman Sachs' buyback portfolio is crushing the market.