And although the company announced
a record stock buyback program earlier this year, Icahn would like to see it increased even more.
Not exact matches
The benefits of tax reform are just being felt, U.S. companies are sitting on a
record amount of cash and dividends are a popular use for that money, along with merger and acquisition activity and
stock buybacks.
Learning how to control your lizard brain (amygdala), and understand how the pain of losses (risk aversion) can distort decision making processes can help you more clearly see how
record profits (see chart below), share
buybacks, M&A activity, and limited
stock issuance (i.e. IPOs) will impact
stock prices.
Apple's iPhone X sales disappointed in Q2, but a
record $ 100 billion Apple
buyback stole the show and gave the
stock a jolt.
Finally, U.S. equities have benefited from a
record amount of share
buybacks representing over six times more
stock purchased than ETF and mutual fund inflows, according to Bloomberg.