The ultimate irony is that the companies that did spend
heavily on share repurchases when capital was super-abundant may not have enough firepower to purchase shares when another bear market ensues.
The company spent heavily
on share repurchases in the first quarter of 2016, at the height of the fallout from its E. coli scare.
The ultimate irony is that the companies that did spend heavily
on share repurchases when capital was super-abundant may not have enough firepower to purchase shares when another bear market ensues.
While they're likely to use much of this
cash on share repurchases and dividends, they should still have ample left over for acquisitions, he said.
A Reuters analysis shows that many companies are barreling down the same road, spending
on share repurchases at a far faster pace than they are investing in long - term growth through research and development and other forms of capital spending.
«The reluctance to pull the
trigger on share repurchases suggests corporate leaders are becoming less enthusiastic about what they see ahead.»
My personal preference would be to utilize SYLD for its broader shareholder methodology rather than TTFS and PKW's more limited
focus on share repurchases.
As Bloomberg reported in a June 16th article headlined «The $ 31 Billion Hole in GE's Balance Sheet That Keeps Growing,» GE spent roughly $ 45 billion
on share repurchases in 2015 and 2016 — at substantially higher stock prices — while a $ 30 billion - plus shortfall was building in its pension plans.
Among the largest U.S. defense contractors, Northrop Grumman Corp has spent more than $ 12 billion
on share repurchases since 2010, even as revenue has declined in each of the past five years.
On share repurchases, can you just talk a little bit about what drove your decision to repurchase as much stock as you did in the quarter?
As the share price is falling Express Inc has spent $ 95 million
on share repurchases (TTM) while maintaining zero debt.
Under its 2015 road map, the company plans to spend $ 50 billion
on share repurchases.
The company first initiated a buyback program in 2012, authorizing $ 10 billion to be spent
on share repurchases.