According to @CNBC, Wolfe Research identified S&P 500 Dividend Aristocrats that also consistently repurchase their shares, combining multi‑year dividend growth with ongoing buybacks to enhance total shareholder yield and support EPS via reduced share count (source: CNBC; U.S. SEC). S&P Dow Jones Indices reports that the Dividend Aristocrats cohort has historically exhibited lower volatility than the broader market, reinforcing their role in defensive rotations and quality factor exposure for traders (source: S&P Dow Jones Indices). For crypto markets, stronger U.S. equity sentiment supported by buybacks has coincided with periods of positive BTC–equity correlation in risk‑on regimes, which can influence short‑term risk appetite and flows toward BTC and ETH during equity uptrends (source: Kaiko Research).