Buyback Binge That’s Besting Capex Pays Off Big in U.S. Stocks
via Luke Kawa The biggest use of cash among S&P 500 companies is making their public footprints smaller — a strategy that’s paid dividends in 2018. According to Goldman Sachs, aggregate share repurchases (or buybacks) rose by nearly 50 percent to $384 billion in the first half of 2018. That tops the $341 billion spent on … Read more