The financial meltdown 10 years ago had long-lasting effects that aren’t going away.
Tag: stock buybacks
Vermont senator calls them wasteful, while Lloyd Blankfein lauds repurchases as an ultimate economy booster.
As rates rise, company share repurchases using leverage dipped to 14% of total in 2018, half the 2017 level, JPMorgan says.
This further fuels the debate over whether corporate America favors investors now or its long-term future.