Share repurchases are kinder than cash dividends to shareholders who have to pay taxes.
But who knows what would have happened had they not done these massive repurchases.
And without the ability to do a big acquisition, Citi is plowing money into stock repurchases.
Many times, they argue, these repurchases aren't the best use of a company's money.
WSJ: Upside: Is Apple a Growth Stock, a Value Play��Or Both?
ExxonMobil forked over 40% of revenue last year in taxes, dividends and stock repurchases.
Or they can pay it out in the form of stock repurchases or stock dividends.
Steven Wieting of Citigroup projects that both dividends and share repurchases will rise sharply next year.
Buybacks are a corporate hot item, with share repurchases at their highest levels since 2007.
Continental Europe, in particular, could benefit from more share repurchases in yet another way.
Share prices are unlikely to rise to the sort of heady level that would make repurchases uneconomical.
When an announcement is made find out if share repurchases will be funded with debt or cash.
In January, Bank of America settled with Fannie Mae and Freddie Mac over repurchases.
FORBES: Primary Prosecutors of Mortgage Fraud? Pension Funds And Plaintiffs' Lawyers
Half of Microsoft's cash flow from operations is dedicated to share repurchases to counter the dilution from options.
Further the company had been rewarding its investors with a solid dividend growth rate and attractive share repurchases.
FORBES: Safeway Remains A Safe Bet With Strong Earnings And Dividends
The company said its guidance did not take the anticipated effect of any additional share repurchases into consideration.
What about the argument that share repurchases have replaced dividend checks as a way of distributing corporate cash?
Repurchases in June 2002 were down by transfers between funds had dropped by 46.6m in June compared to May.
Rohan also thinks the Skype deal could accelerate share repurchases at the company.
But Microsoft repurchases shares largely to re-issue them to its own managers and employees as part of their pay.
To the extent that they are offset by repurchases, shareholders are better off.
If more share repurchases are on the docket, expect credit quality to deteriorate.
Another, albeit indirect, way of paying shareholders is through share repurchases (stock buybacks), and it has also been quite popular.
After coming under pressure from investors, however, it resumed and ramped up the repurchases, in part by using borrowed funds.
At the same time, these banks will probably begin to return capital more aggressively through share repurchases and higher dividends.
And so back to the question of whether the overall market will be hurt by the decline in share repurchases.
Intel ( INTC) announced last week that it would use some proceeds from a bond sale to fund stock repurchases.
When repurchases are in the plan, the stock price is better off going nowhere as long as earnings do go up.
FORBES: Buffett Sets Floor For Berkshire, Shares Are Crazy Cheap
Repurchases or fund transfers were also down, indicating that although people were uncertain about stock market conditions, they were "sitting tight".
This substantial increase in our dividend will be part of our effort to reallocate capital to dividends and reduce share repurchases.
He sees multiple potential upcoming catalysts for the stock, including a new deal with Netflix and share repurchases, among other things.
FORBES: Liberty Starz Shares Spike As Barclays Ups To Overweight
应用推荐