Apr 19, 2018
Stock buybacks are crazy right now. Here’s why.
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. […]
by Andy Uhler
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.
Click the audio player above to hear the full story.
Related Topics
Latest Episodes
View All Shows
a few seconds ago25:22
8 hours ago7:09
12 hours ago30:57
12 hours ago12:45
6 days ago28:44
4 months ago24:33