Booming Buybacks Aren’t Likely to Wane Despite Market Volatility

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U.S. companies have been buying back their own shares at a blistering pace for more than a year, and it doesn't look like market turbulence is going to stop them now

U.S. companies have been buying back their own shares at a blistering pace for more than a year, and market turbulence isn’t likely to stop them now.

The more than 80% of firms in the S&P 500 that have reported results for the first quarter repurchased $180 billion worth of their own stock during that time, according to S&P Dow Jones Indices, on pace to be the second-highest amount on record based on data going back to 1998. While data isn’t yet available for the second quarter, companies ramped up buying during the...

 

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Big reason why the market has continued as it has. I thought the tax cuts were going to help the employees and allow the companies to invest in their own infrastructure.

GOPTaxScam

Increasing wages of those who create their wealth was never considered.

Wasting cash, on stock, that can lose value overnight. Should be illegal. Give money as dividend to shareholders, save cash, or heaven forbid, pay off debt.

Pelosi holds up USMCA (new NAFTA) hurting US workers and farmers.

خواسته ما مردم_ایران براندازی است.ما مذاکره نمیخواهیم. IranRegimeChange NegotiatingWithTerroristsConfirmsTerrorism

Yes - which is another reason to stay positive on equities.

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