Question: Based upon recent changing trends in share buyback activity addressed in the readings, if you are a CEO of a corporation that is a holding
Based upon recent changing trends in share buyback activity addressed in the readings, if you are a CEO of a corporation that is a holding significant amount of cash at this time near end of Q1, 2021 would you continue holding the cash, reduce leverage, buyback shares, or acquire/merge with other businesses or business components
Please read the following articles 1. NY Times article titled "The Stock Buyback Binge May be Over. For Now." by Matt Phillips, dated 3/24/2020. 2. WSJ article titled "Investors Circle Largest Corporate Cash Hoard Ever" by Sebastian Pellejero and Paul J. Davies, dated 12/4/2020. 3. WSJ article titled "PPG Industries Puts Focus on M&A Instead of Share Buybacks" by Mark Maurer, dated 2/3/2021.
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