Relevant:
- Mega-Banks Blow 100% of Earnings on Share-Buybacks & Dividends; Complain They Can't Lend
- $407 Billion in Corporate Stock Buybacks: Tax Reform Promises Dashed; And Even Goldman Balks
- Goldman: Buybacks to Be Main Beneficiary of Trump-Driven Repatriated Overseas Cash
- Why Stocks Just Won't Drop: Companies Spend Almost All Profits On Buybacks
- S&P 500 companies are planning to spend $600 billion on share buybacks in losing strategy
2018-03-03 — marketwatch.com
S&P 500 companies will buy back a record $800 billion of their own shares in 2018, funded by savings on tax, strong earnings and the repatriation of cash held overseas, J.P. Morgan said Friday.
That will far exceed the $530 billion in share buybacks that was recorded in 2017, analysts led by Dubravko Lakos-Bujas wrote in a note. Companies have already announced $151 billion of buybacks in the year to date.
Probably still won't be enough to keep the market levitated...
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