Shareholder proposals to exclude the impact of buybacks from exec comp metrics – will they become a trend?

By Cydney Posner

A recurring demand by hedge fund activists is that the target company return capital to its shareholders by buying back its own stock. Data compiled by S&P and Bloomberg shows that companies in the S&P 500 spent 95% of their earnings on repurchases and dividends in 2014, including spending $553 billion on stock buybacks.”…

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