as informed in Share buybacks also prop up prices because they create buying pressure by the company itself when it finally does buy the shares. In addition, share buybacks change the math of earnings per share by reducing the number of shares outstanding. Share buybacks also counteract the dilution effects of stock-based compensation. But this "overseas" cash is a one-time trove of money. Then share buybacks will have to be funded by cash flows and borrowing.

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The safest stock market strategies are losing the most money this year
The safest stock market strategies are losing the most money this year8 Hours AgoTwo of the most crowded trades, low beta and high dividend yield, have been major losers, according to Bank of America Merrill Lynch. Put them together, and the combined trade is down more than 5 percent this year.
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