Wed 12 Jan 2020
Corporate buybacks hit record levels in Q3 2004 …
Stock buybacks by U.S. Nonfarm Nonfinancial Corporations reached an annual level of $208.8 billion in Q3 2004, 76.6% higher than the frantic pace of buybacks at the peak of the Great Bubble in 2000. The level of buybacks was 3.3 times corporate profits after taxes and dividends — an indication of how anxious corporate executives […]