On Jun 25, 2007, at 4:21 PM, Jayson Funke wrote:
Can highly active periods or phases of corporate stock repurchasing
be indicative of larger economic trends/phenomenon?
I am assuming that corporations typically repurchase their own
corporate stock in order to provide shares to management as
compensation and/or to boost earnings per share.
That's why they do it, but in the U.S. they've been doing a lot of it
for like 20 years. They seem to be telling us that despite apparently
high profitability, they've got no better use for their cash than
passing it along to shareholders.
Doug
