Not everyone is happy about it. Buybacks have been called everything from market manipulation and wage killers to a tax loophole and an executive compensation scheme. With US stocks widely expected to deliver lackluster gains in the years ahead, investors should call buybacks indispensable.
That's because share repurchases have become a key component of total stock returns, although you might not know it based on recent buyback yields. Yes, companies in the S&P 500 Index spent $790 billion last year repurchasing shares, up from closer to $170 billion in 2000, based on the longest data compiled by Bloomberg. Goldman Sachs Group Inc. estimated in March that buybacks this year would be just short of $1 trillion and cross that milestone in 2025. But the S&P 500 is also more valuable than it was in 2000, and as a percentage of market value, buybacks are only modestly higher than they were at the time.
هذه القصة مأخوذة من طبعة December 11, 2024 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 11, 2024 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Lanka project not cancelled: Adani
TARIFF REVIEW PART OF STANDARD PROCESS: GROUP
Equity indices report losses for third consecutive week
@Investor wealth shrinks by ₹9.2L cr over the week
No tax liability on receiving money from NRI relative
@YOUR QUERIES: INCOME TAX
ECB repayment turns dearer for India Inc as rupee falls
THE FALL IN the rupee's value is expected to increase the financial burden on Indian companies that have borrowed funds from overseas lenders.
Amul reduces milk prices by ₹1
GUJARAT COOPERATIVE MILK Marketing Federation (GCMMF), which markets dairy products under the Amul brand, has reduced milk prices by ₹1 per litre across India. However, the reduction in prices is only for one-litre packs.
Roadster-ready, or scrambling for adventure?
SCRAM 440 vs GUERRILLA 450
Flash PMI at 14-month low as services slump
The HSBC FLASH India Composite Output Index, or Flash PMI, fell to a 14-month low of 57.9 in January from 59.2 in December, due to weak expansion in services activity, a release by S&P Global said.
Davos meet ends, leaders call for rule-based trading
The World Trade Organisation on Friday pitched for strengthening the rule based multilateral trading system in view of increasing geopolitical tensions, economic fragmentation and threats of unilateral measures.
Al videos from China are coming for the world
CHINESE ARTIFICIAL INTELLIGENCE companies are laser-focused on closing the development gap with the US. Despite Washington's efforts to hold the industry back, it's proving it can stay competitive with Silicon Valley.
OpenAI faces another copyright case in India
INDIAN BOOK PUBLISHERS and their international counterparts have filed a copyright lawsuit against OpenAI in New Delhi, a representative said on Friday, the latest in a series of global cases seeking to stop the ChatGPT chatbot accessing proprietary content.
