In the last five-years, the US corporate sector has gone aggressive in terms of share buybacks with $2.3 trillion worth buybacks during this period.

The chart below shows the sectors that have contributed the most to the buyback spree in these five years.

In terms of buyback yield (LTM ended September 2015), the industrials sector has a yield of 4.33% followed by 4.15% for the IT sector and 4.01% for the consumer discretionary sector.

The lowest buyback yield is from the utilities sector (0.6%) followed by yield of 1.36% from the telecommunication sector and yield of 1.95% from the energy sector.