I see this in two ways:... on the one hand it's good - they are doing something for the shareholders and it may be seen as a sign that the companies are expecting further growth and are therefore now buying back "cheaply".
On the other hand, buybacks are always a means of stabilizing the share price and boosting confidence when times are not so rosy
On the other hand, buybacks are always a means of stabilizing the share price and boosting confidence when times are not so rosy
•
1010
•
@lawinvest Another reason: they see limited opportunities for sensible reinvestment and prefer to return the money to shareholders, e.g. Apple.
•
11
•
@lawinvest No wonder, given the current valuations of equities ... it is also exciting that it is mainly tech and financial stocks.
••