In the 12 months ending June 30, companies in the S&P 500 index spent a record $1 trillion to buy back their own shares, according to S&P Dow Jones Indices. But come January, a new 1% tax on ...
Buybacks are another way to return cash to shareholders besides dividends. In recent years, buybacks have increased in popularity, exceeding dividends due to their flexibility. Investors are ...
Back in September of last year, I outlined a possibility that Lukoil may initiate a buyback program for non-Russian investors. Many months later, the company still stays silent on the matter.
Companies continued rewarding investors with healthy dividends in 2023 even as they tread more cautiously with returning profits through stock buybacks NEW YORK -- Companies continued rewarding ...
Tax Notes contributing editor Robert Goulder breaks down the new excise tax on corporate stock buybacks in the Inflation Reduction Act, all in five minutes. This transcript has been edited for ...
(Reuters) - Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6% in extended trade.
U.S. companies that announce share buyback programs historically outperform the market, but Chinese companies' buybacks are not as well-received. Alibaba's recent buyback program has not generated ...
opens new tab jumped 7% on Friday as the iPhone maker's record stock buyback plan and promise of sales growth brought back investors who have shunned the stock on concerns over weak demand and ...
Therese Poletti pointed to a restoration of confidence for investors because the company’s board had authorized an additional $110 billion in stock buybacks. It turns out that Apple’s buybacks ...
However, data indicate that tax isn’t yet hurting stock buybacks. That could be good news for the Invesco BuyBack Achievers ETF (PKW), an exchange traded fund dedicated to shares of firms that ...