The S&P 500 index witnessed an unprecedented surge in stock buybacks last year, led primarily by the so-called “Lag 7” companies. However, while the total buyback yield dropped to a two-year low, recent repurchase activities indicate a possible pullback in the near future. Meanwhile, corporate insiders have ramped up their buying activities, suggesting confidence in the market. This trend is noteworthy as investors seek indications of company robustness amidst fluctuating market conditions.