An opinion piece in the Financial Times contends that the focus on stock buybacks in the Inflation Reduction Act, which imposes a 1% excise tax on share repurchases, indicates a…
Tag: Stock Buybacks
Buybacks On Course To Hit Another Record
Companies are announcing plans to buy back their own shares at a record pace, fueling the stock market with much-needed support, reports The Wall Street Journal. According to information from…
Buyback Monsters: Searching For Value In Companies with the Biggest Buybacks
This article was originally published on Forbes Just a few years ago, stock buybacks were a political punching bag. Ultra-low interest rates and borrowing costs, courtesy of the Federal Reserve,…
Buybacks Hit Record
Companies in the S&P 500 bought back $234.5 billion worth of shares during the third quarter of 2021, more than the previous record of $223 billion the last quarter of…
Sizing the Upswing in Buybacks and Dividends
Corporations’ pandemic response of cutting costs and increasing liquidity has left them with hefty cash balances, and a recent CFA Institutearticle outlines ways to determine if corporate cash “givebacks” are…
Companies Aren’t Buying Their Own Stock
Many companies have curtailed share repurchase plans to conserve cash during the coronavirus pandemic, “removing a crucial pillar of support for the stock market as it struggles to find its…
Buybacks Not Likely to Slow Down
Market volatility is not likely to slow down the pace of share buybacks by U.S. companies, according to a recent article in The Wall Street Journal. According to S&P Dow…
Schumer and Sanders on Limiting Buybacks
In a recent article they co-authored for The New York Times, Democratic Senate leader Chuck Schumer and Vermont senator Bernie Sanders justify what they describe as “bold legislation” they plan…
Jain's Stock Buy a Bullish Sign for Berkshire Shares
A recent Barron’s article characterized last month’s “outsized” purchase of $19.9 million shares of Berkshire Hathaway common A shares by the company’s vice chairman Ajit Jain as a bullish sign…
Berkshire Rallies on Share Buyback Announcement
Last month, Berkshire Hathaway’s board announced that its removing a cap on stock buybacks, giving chairman Warren Buffett the freedom to dole out profits rather than continue his hunt for…