Stock buybacks are back. Companies in the S&P 500 repurchased $234.5 billion in shares during the third
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Question:
The S&P 500 is up 25% in 2021, notching 67 record closes. Why are repurchases believed to have been one of the reasons for the stock market's strong performance in 2021? Why are some politicians critical of corporations' share repurchase activities?
What other factors referenced in the market are considered to have propelled share prices upwards?
Related Book For
Principles of Managerial Finance
ISBN: 978-0134476315
15th edition
Authors: Chad J. Zutter, Scott B. Smart
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