Stock buybacks stay popular despite criticism

By Luc Olinga

“Confronted with a sluggish global economy, US companies have settled on a controversial tool that rewards shareholders and executives: share buybacks.

First permitted by the US Securities and Exchange Commission in 1982, the use of share buybacks has spread rapidly over the last five years due in part to pressure from activist investors anxious for a quick payoff.”…

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This article reprinted in Taipei TimesBangkok PostDaily Mail and Gulf Times publication of April 10, 2016

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