More Chinese companies vow share buybacks as market sags further
SHANGHAI (Reuters) – Dozens of China-listed companies announced plans on late Monday to buy back shares or scrap plans of stock selling, following a slew … Read more
buybacks
Planned debt buybacks not meant for periods of market stress, US Treasury official says
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Treasury’s planned buyback of its outstanding securities next year is aimed at improving liquidity in the … Read more
Uber increasingly considering buybacks as cash flow ramps up – CEO
(Reuters) – Uber Technologies is considering buybacks and dividends to shareholders as its cash flow ramps up, CEO Dara Khosrowshahi said at an event on … Read more
As Nvidia splashes out, are stock buybacks worth it?: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – To buy back, or not to buy back. The highest U.S. interest rates in over 20 years coupled … Read more
House Passes Bills To Deport Cop-Assaulting Migrants, Permits Police Gun Buybacks
House Passes Bills To Deport Cop-Assaulting Migrants, Permits Police Gun Buybacks Arjun Singh on May 18, 2023 The House of Representatives passed three measures aimed … Read more
Occidental to favor buybacks over funding direct air capture plants
By Sabrina Valle HOUSTON (Reuters) -Occidental Petroleum Corp on Wednesday said it will distribute any excess cash from high oil prices to shareholders instead of … Read more
US unions call on railroads to halt buybacks, ditch lean operating model
By Amna Karimi (Reuters) – U.S. labor unions called on railroad operators to halt all stock buybacks until they improve safety and abandon their lean … Read more
Buffett’s Berkshire Hathaway speeds up stock buybacks
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc has stepped up its pace of stock buybacks, repurchasing more than $1.8 billion of its … Read more
Citing ‘Outrageous’ Big Oil Profits, Biden Calls For Quadrupling Tax On ‘Corporate Stock Buybacks’
Citing ‘Outrageous’ Big Oil Profits, Biden Calls For Quadrupling Tax On ‘Corporate Stock Buybacks’ John Hugh DeMastri on February 7, 2023 President Joe Biden criticized … Read more
Factbox-Biden’s State of the Union wishlist: new taxes on buybacks, billionaires
WASHINGTON (Reuters) – U.S. President Joe Biden will renew his calls for higher taxes on billionaires and corporate stock buybacks in his State of the … Read more
Factbox-U.S. stock buybacks so far in 2023: big money, fewer companies
NEW YORK (Reuters) – Corporate stock buybacks are offering investors a measure of excitement in what has been a gloomy earnings season. Chevron Corp late … Read more
White House blasts Big Oil stock buybacks again as Chevron profits double
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – The White House on Friday launched a fresh attack against U.S. oil companies, accusing them of … Read more
U.S. Senate finance chair: Congress should hike tax on oil firms’ stock buybacks
(Reuters) – U.S. Senate Finance Committee Chair Ron Wyden on Thursday said Congress must do more to raise taxes on oil companies’ stock buybacks after … Read more
Japan’s top venture capital firm yields to activist for massive buybacks
By Makiko Yamazaki TOKYO (Reuters) – Japan’s top venture capital firm JAFCO Group Co Ltd said on Friday it would buy back shares worth 42 … Read more
Factbox-Bumper profits fuel surge in dividends, buybacks at oil firms
(Reuters) – Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices to reward shareholders with higher … Read more
Canada to propose taxing corporate stock buybacks – source
By Steve Scherer OTTAWA (Reuters) – Canada will on Thursday propose a tax on corporate stock buybacks, a senior government source said, similar to a … Read more
Major U.S. airlines in no rush to resume stock buybacks as ban ends
(Reuters) – Major U.S. airlines said on Monday they have no immediate plans to resume stock buybacks after a Congress-imposed ban expired last month, amid … Read more
Lawmakers, unions press U.S. airlines to hold off on stock buybacks
By David Shepardson (Reuters) – Labor unions and some U.S. lawmakers are pressing airlines not to resume stock buybacks after a COVID assistance prohibition expires … Read more
HSBC eyes resuming buybacks in second half of 2023
By Lawrence White LONDON (Reuters) -HSBC is likely to resume share buybacks in the second half of next year, its Chief Financial Officer Ewen Stevenson … Read more
Analysis-As bond prices swoon, U.S. banks may slow stock buybacks
By David Henry NEW YORK – Wall Street bankers have long talked about how higher interest rates will deliver additional revenue from loans and higher-yielding … Read more
U.S. buybacks seen at record highs ahead of earnings reports
By Noel Randewich (Reuters) – U.S. stock buybacks appear to be hitting new records as companies head into quarterly earnings season, even as some investors … Read more