BNY Mellon and Valero Highlighted as Top Buyback Stocks for 2026

Key Facts

In a move reflecting the importance of share buyback strategies in enhancing shareholder value, Bank of New York Mellon and Valero Energy have emerged as preferred investment choices. According to reports, analyst John Dorfman recommended these companies based on their proven track record of share repurchases, which signals management confidence in future cash flows. The recommendations also included Matson, PulteGroup, and Fox Corp, as these programs are viewed as vital tools for improving earnings per share.

These recommendations come as major corporations seek to bolster shareholder returns; Bank of New York Mellon (BK) previously announced a buyback plan of up to $6 billion earlier this year, according to official company filings. Compared to peers, while firms like JPMorgan Chase have also raised dividends, the specific focus on buybacks gives BK and VLO an edge in optimizing price-to-earnings multiples, per market data.

Looking at market performance, BK shares closed at stable levels in May 2026 trading, while investors await the FOMC minutes scheduled for May 20, 2026, for signals on financing costs. Additionally, the EIA Weekly Petroleum Report on the same day should be monitored, as it could directly impact Valero Energy (VLO) shares given its core business in the refining and energy sector.