Share “News Summary: Companies increase stock...”

News Summary: Companies increase stock buybacks

Associated Press Published: September 20, 2012

BOSTON (AP) — BUYBACKS GROW: America's biggest corporations spent more to buy back their stock in the second quarter. Share repurchases by companies in the Standard & Poor's 500 index totaled nearly $112 billion, up about one-third from the first quarter.

CASH AT WORK: Repurchases can be attractive options for companies to put their cash reserves to work. Companies' cash holdings have risen steadily since the financial crisis.

REWARD FOR INVESTORS: By repurchasing stock, companies reward investors by increasing the value of remaining shares. Per-share earnings can also get a lift as results are divided among fewer shares.


  1. 1
    Clinton aide may have 'delivered favors' for friends, IG finds
  2. 2
    Reba McEntire and husband Narvel Blackstock announce separation
  3. 3
    Firefighters battling north OKC apartment fire
  4. 4
    Puzzling area between Edmond, Guthrie illustrates one of many challenges facing earthquake experts
  5. 5
    Father of slain girl pleads for peace, unity at north Tulsa anti-gang rally
+ show more


× Trending business Article