Investing in own stock, may compromise companies’ long-term growth

By Qingqing Chen

“While stock buybacks have gained momentum on Wall Street over the last five years, economists are becoming more and more cautious about the motives behind them.

Despite a slight decline in the third quarter of 2014, the number of buybacks for the trailing twelve-month grew 29 percent, according to FactSet, a financial data and research system.”…

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