share buybacks

The UK government has commissioned research into share buybacks with a particular focus on whether some companies are repurchasing their own shares to artificially inflate executive pay. The government has appointed consultants PricewaterhouseCoopers to undertake the research into share buybacks and this will be supported by Professor Alex Edmans, an academic at the London Business School. […]

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Are better empowered shareholders egging companies on to return too much capital for our collective good? It’s a popular theory right now, but is this actually reason to rethink improvements in shareholder rights? The theory goes that (activist) shareholders are taking advantage of better shareholder rights to cajole boards into returning ever more money through […]

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