Buybacks

Bed Bath & Beyond filed for bankruptcy on April 23, 2023, and some analysts are blaming the billions of dollars the retailer spent on share buybacks as one of the reasons for its downfall. In total, the company has spent nearly $12…

© Reuters. FILE PHOTO: U.S. President Joe Biden speaks to the news media after attending a closed Senate Democratic Caucus lunch at the U.S. Capitol in Washington, D.C., U.S., March 2, 2023. REUTERS/Leah Millis WASHINGTON (Reuters) -…

When Warren Buffett speaks, Wall Street listens — and the "Oracle of Omaha" issued a full-throated defense of stock buybacks in his latest annual letter to Berkshire Hathaway shareholders. That's why we're shining a light on the Club…

In Warren Buffett's yearly letter to shareholders, he argued for the positive nature of stock buybacks — at least when purchased at reasonable prices."When you are told that all repurchases are harmful to shareholders…

Warren Buffett has offered a full-throated defence of share buybacks in his annual letter to Berkshire Hathaway shareholders, saying stock purchases by Berkshire and the dozens of publicly traded companies it owns are a boon to…

© Reuters. By Scott Kanowsky Investing.com -- Standard Chartered PLC (LON:) has unveiled a new round of share buybacks and raised its financial guidance, citing the benefits from rising interest rates and the reopening of…

Meta shares jumped on Wednesday after the social media company’s sales for the final quarter of 2022 came in better than expected and it authorised an additional $40bn in share buybacks.Meta, which owns Facebook, Instagram and…

Breadcrumb Trail Links PMN Business Article content Chevron Corp on Wednesday said it would triple its budget for buybacks to $75 billion, the oil industry’s most ambitious shareholder payouts to date, as high oil and gas prices…

© Reuters. Here are some of the week's biggest share-buyback announcements, all first covered on InvestingPro. Wix.Com (NASDAQ:) announced that the Israeli court authorized it to extend its share-repurchase program for an additional…

SEBI has also permitted upward revision of the buy-back price until one working day prior to the record date. File | Photo Credit: The Hindu The board of market regulator Securities and Exchange Board India (SEBI) on Tuesday approved the…