Photograph of skyscrapers with glass windows from the ground facing up to a blue sky

Tag: Buybacks

Two baby goats butting heads

SEC Already Facing Legal Challenge to Buyback Rules

Two baby goats butting heads

Shareholders of technology giant Apple might have experienced feelings of déjà vu earlier this month. In announcing its financial results for 2023’s second quarter, the company also revealed that its board of directors authorized buying bac...

Read More
Stock Exchange on Wall St. Close up Signs

New Excise Tax Targets Stock Buybacks

Stock Exchange on Wall St. Close up Signs

As would be expected for legislation with the sweeping scope of the recently passed Inflation Reduction Act, getting enough politicians to vote “yes” required an array of compromises and sweeteners. One of the most important revenue generat...

Read More
Rabbit in checkered pocket representing earnings per share

The White House’s New BBB: Biden Bashing Buybacks

Rabbit in checkered pocket representing earnings per share

Critics of corporate stock buybacks found a pleasant surprise tucked in President Joe Biden’s budget proposal for the 2023 fiscal year. If enacted, the administration’s plan could transform the practice, which has long been a source of cont...

Read More
truckload

Buybacks Beware: SEC Settlement Sends Message About Internal Controls

truckload

Public corporations are spending upwards of a trillion dollars annually on stock buybacks, sending capital back to shareholders by the truckload. However, in a year already fraught with perils for U.S. companies that would like to buy back...

Read More
Stocks of fruits and vegetables under CARES Act.

Federal Reserve Forces Banks to Stock Up on Capital

Stocks of fruits and vegetables under CARES Act.

Just when it felt like we were getting past the coronavirus, the resurgent disease is forcing government officials to tighten their controls. It’s happening in the Sunbelt, where governors are reversing course and shuttering bars, gyms and...

Read More