Flush with trillions of dollars in cash, U.S. companies are on pace this year to pencil in another milestone: $1 trillion worth of corporate stock buybacks.
“The next few weeks will tell us a lot,” Chua said in a phone interview, of the continuing third-quarter earnings season. This Wells Fargo chart for the S&P 500 index SPX, -0.11% shows the value of buybacks outpacing dividends over the past 20 years, but also points to the near $1.4 billion record free cash flow of companies in the benchmark.
Share repurchases also have been criticized as a form of financial engineering that can artificially inflate stocks, particularly since U.S. corporations recently have become mega buyers of U.S. stocks.
wow
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen: