Share buybacks are when a company purchases its own common shares on the open market. After a buyback, a company is left with less cash and fewer shares outstanding. Buybacks, along with ordinary dividends, are one of the main ways companies return cash to investors—the ultimate objective of any investment. So why have buybacks become the subject of vitriolic criticism? Prominent publications have run headlines calling buybacks, among other things, a “scam” that is “killing the American economy” and asserting that they “loot the future.”

These…



READ SOURCE

READ  Budget 2019: Government mulls whether its holding can go below 51%

WHAT YOUR THOUGHTS

Please enter your comment!
Please enter your name here