The trend comes amid a clamor to make it harder for companies to buy their own stock and instead direct the money to other investments.
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Which companies benefited most from stock buybacksMany American companies benefitted from President Trump’s tax cuts, so how did they spend their savings? Stephanie Ruhle and Ali Velshi explain how it’s all about the buybacks and break down which companies benefitted most. Weighing in: CNBC’s Editor-at-Large, John Harwood.
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Lloyds Bank brushes off Brexit fears with bumper dividend, buyback planLloyds Banking Group shrugged off mounting concerns over Brexit to unveil a 4 bi...
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UBS downgrades Charles Schwab to sell, says buybacks can't cushion blow from rising costsUBS lowered its rating of Charles Schwab stock to sell from neutral on Wednesday, saying the financial services company is facing barriers to growth and revenue
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Europe’s indexes buoyant after buyback announcements from Lloyds and GlencoreThe majority of Europe’s indexes remained buoyant on Wednesday, as buyback announcements from heavyweights Lloyds Banking Group PLC and Glencore PLC lifted share prices and kept markets mostly positive.
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