FTSE 100 companies are on track for another blockbuster year of share buybacks, setting up a windfall for investment banks that handle the deals.

Blue-chip UK-listed firms unveiled plans for £56.6bn worth of buybacks in the year to 5 December, according to data from investment platform AJ Bell shared with 

Bankers set for windfall as FTSE 100 plans £56.6bn of share buybacks

Repurchases are set to continue at pace despite a review from the City regulator earlier this year

Lars Mucklejohn

Investing