NEW YORK (DailyFinance) -- The trend has been hard to miss. Chipmaker Intel (INTC - Get Report) bought back a whopping $10 billion of its shares on Jan. 24. Drugmaker Pfizer (PFE - Get Report) purchased $5 billion of its stock Feb 1, and media giant Time Warner (TX - Get Report) followed suit with its own $5 billion buyback the next day.Companies are on a stock-buyback binge that's reaching dramatic proportions. January alone saw $57 billion in buybacks, compared with a total $357 billion for all of 2010, says Vincent Deluard, executive vice president of New York-based TrimTabs Investment Research, which tracks share buybacks. Deluard says the 2010 number was up 174% from 2009.
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