Note: This article is courtesy of Iris.xyz

By Cameron Lilja / Director of Product Development, Nasdaq Global Information Services

Despite the recent spate of volatility, the stock market has experienced a resounding recovery since the financial crisis of 2008 with major indexes at or near record levels. After such a long, sustained bull market, one might ask, “Who are the buyers driving this market?”

The answer, perhaps surprisingly, is that listed companies themselves are among the biggest buyers of stock.

Where Do Buybacks Come From?

In the process of conducting business and other related activities, companies generate cash; the strategy surrounding its usage is critical for management and investor success.