By Liu Yanan
“The amount of money spent by US listed companies in buying back their own shares would continue to stay at a high level amid low interest rates and the low possibility of a new legislation to restrict such practice, according to industry insiders.
Listed companies with S&P 500 Index spent 806.4 billion US dollars in repurchasing their own shares in 2018 in comparison with 519.4 billion dollars in 2017 and 536.4 billion dollars in 2016, according to preliminary data by S&P Dow Jones Indices in later June.”…
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