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Share Buybacks Gain Popularity as Stock Prices Rebound

GuruFocus Updates 19 March 2010 Featured No Comment

By Ravi Nagarajan. It has become relatively common to read annual reports of companies that previously engaged in regular share buybacks yet mysteriously decided to halt the practice during 2009 even as share prices hit multi-year lows. As The Economist has noted, share buybacks are making a comeback in 2010 just as markets are approaching levels last seen prior to September/October 2008. Why is this happening now and how should shareholders evaluate management decisions on buybacks? Read more » »