Where Have the Buybacks Gone?
By Widemoat on Wed, 2009-04-15 01:35
(via widemoatinvesting.wordpress.com)
As a S&P report recently revealed, members of its S&P 500 spent $48.1 billion in stock repurchases in the fourth quarter, a 66% decline from the $141.7 billion spent during the fourth quarter of 2007. This, despite the fact that cash levels stand at record highs.
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