Aug 28, 2020 – axios.com
Stock Buybacks Stage a Comeback
A slew of companies put stock buyback plans on ice at the onset of the pandemic. Now some of them are beginning put share repurchases back on the table.
Jun 04, 2020 – treasuryandrisk.com
Corporate Stock Buybacks Hit Record Levels
The amount companies spent repurchasing their own shares rose 10.4% annually from 2015 to 2019.
Apr 13, 2020 – corporatesecretary.com
How boards can evaluate stock buybacks during Covid-19 crisis
Parker Schweich explains some important issues boards should consider regarding buyback programs given the pandemic and availability of federal relief.
Mar 23, 2020 – Bloomberg
Canceled Stock Buybacks Mount, and They May Not Return for Years
Companies repurchasing their shares served as a reliable prop under the stock market every time there was a dip during the 11-year bull run that just ended.
Mar 22, 2020 – WSJ
Worst Coronavirus Idea: A Ban on Share Buybacks
They’re good for ordinary investors and for economic growth.
Mar 17, 2020 – WSJ
Companies Mull Suspending, Ramping Up Share Buyback Plans Amid Coronavirus
Finance chiefs are grappling with whether to make share repurchases or hold on to cash as stock prices fall on fears surrounding the coronavirus pandemic.
Dec 09, 2019 – CNBC
Cash from selling CBS’ New York headquarters may be used in stock buyback, ViacomCBS CEO says.
Money from a potential sale of CBS’ New York City headquarters may be used to repurchase shares, ViacomCBS CEO Bob Bakish says
Oct 21, 2019 – CNBC
Goldman warns that buybacks are ‘plummeting,’ ending a big source of buying power for the market.
According to Goldman Sachs, buyback spending slowed 18% to $161 billion during the second quarter, and the firm anticipates that the slowdown will continue.
Oct 07, 2019 – Market Watch
There’s Nothing Inherently Bad about Stock Buybacks
Ever since the passage of the Tax Cuts and Jobs Act in late 2017, opponents of the legislation have lamented the growth of stock buybacks.
Sept 05, 2019 – Market Watch
Cory Booker reignites stock-buyback fight on the 2020 campaign trail by re-introducing old bill
Sen. Cory Booker, who is running for the Democratic presidential nomination next year, re-introduced a bill intended to curb the trend of corporate stock buybacks Thursday through a “worker dividend.”
Sept 05, 2019 – Market Watch
Starbucks warns of profit-growth miss as stock’s rapid rise prompts ‘pull forward’ of buybacks
Shares of Starbucks slumped Wednesday after executives warned that 2020 profit growth will be below its target, citing a “pull forward” of about $2 billion in stock repurchases.
Sept 04, 2019 – Barron’s
American Eagle Stock Is Sinking, but ‘Aggressive’ Buybacks Could Be Coming
American Eagle Outfitters’ stock-price decline after the company issued soft third-quarter guidance highlights the value of the shares and increases the likelihood of a stock buyback by the company.
Aug 22, 2019 – CNN
Stock buybacks exploded after the tax cuts. Now they’re slowing down
The 2017 corporate tax cut left US businesses flush with cash. S&P 500 companies responded by rewarding shareholders with record amounts of buybacks in 2018, with each quarter setting an all-time high.
Aug 21, 2019 – WSJ
Slowing Share Buybacks Remove a Pillar of Stock Market
U.S. corporations are repurchasing their own shares at the slowest pace in 18 months, a potential sign of more volatility as the buyback bonanza from the corporate-tax overhaul wanes.
Aug 15, 2019 – Bloomberg
A Stock Buyback Ban Won’t Make Much Difference
Stock buybacks are a fraught and confusing issue. In recent years, the value of corporate share repurchases has soared.
Aug 9, 2019 – Yahoo Finance
Stock buyback activity ‘likely tripled’ during the market pullback
J.P. Morgan’s quant strategist Marko Kolanovic is eyeing a key silver lining in this past week of stock market volatility that few are talking about: stock buybacks.
July 29, 2019 – CNBC
Companies are ramping up share buybacks, and they’re increasingly using debt to do so
U.S. companies are on pace to break another record for share repurchases in 2019, using a combination of cash and debt to push the total to close to $1 trillion.
July 25, 2019 – CNBC
Alphabet rises after earnings beat, announces $25 billion share repurchase
Alphabet said its board of directors approved a repurchase of up to an additional $25 billion of its Class C capital stock.
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