Last night, Microsoft (MSFT) announced that they will be replacing their existing $40 billion share repurchase agreement (that should be completed this year) by another $40 billion buyback plan. While that is a dazzling headline, …
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This morning’s WSJ Moneybeat column had a headline I just had to dig into; Buyback Binge Looms for Stocks. First let’s start with that word, Looms: Nearly 25% of all annual buyback activity happens, on …
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