Article 2638D Companies' self-devouring buyback spree is finally slowing down

Companies' self-devouring buyback spree is finally slowing down

by
Cory Doctorow
from on (#2638D)

US-share-buybacks-2016-Q3.png

Stock buybacks are the preferred form of financial engineering in corporate America, through which companies borrow like crazy and give the money to their shareholders, artificially increasing their earnings-per-share ratio, massively reducing real economic growth, while enriching a tiny number of already-wealthy investors: but buybacks may finally be coming to an end. (more")

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