BP Beats Profit Expectations But Cuts Back on Stock Buybacks

[ad_1] Trading oil and gas helped the company achieve strong results in the first quarter, but its announced $1.75 billion buyback was smaller than analysts expected. [ad_2] Source link

Sebi tightens norms for securities buybacks

[ad_1] News Business Economy Sebi tightens norms for securities buybacks On the margin requirement for deposits in an escrow account, Sebi said the escrow account shall consist of cash and/or…

Corporate Stock Buybacks Help Keep Market Afloat

[ad_1] Repurchases among S&P 500 companies are projected to top $1 trillion this year. [ad_2] Source link

Warren Buffett on being a ‘business-picker’ and defending buybacks: Highlights from his annual letter to shareholders

[ad_1] Warren Buffett released his latest annual shareholder letter for Berkshire Hathaway on Saturday. The chairman and CEO of Berkshire Hathaway said he would continue to bet on America, even…

Stock Buybacks Aren’t Bad. They Aren’t Good, Either.

[ad_1] It’s open season on buybacks—again. In his State of the Union address earlier this month, President Biden lambasted big oil companies for using record profits “to buy back their…

New Tax on Buybacks Is Weeks Away, but Finance Chiefs Aren’t Too Worried

[ad_1] A new corporate tax on stock buybacks hasn’t worried finance chiefs enough for them to rethink their strategy. The 1% levy on buybacks, which takes effect in January, could…