Stock buybacks are crazy right now. Here’s why.

Andy Uhler Apr 18, 2018
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Stock buybacks are crazy right now. Here’s why.

Andy Uhler Apr 18, 2018
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Goldman Sachs reported sharply higher profit this week, and yet its shares fell after Goldman said it wouldn’t be buying back stocks in the second quarter. In this respect, Goldman is an outlier. After the corporate tax rate dropped this year, American companies have been using cash to repurchase their own shares in furious fashion.

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