The Buy-back Boom

Apr 01, 1996
<p>Over a thousand of corporate America's finest spent nearly a trillion dollars repurchasing their stock last year</p>
Pity poor executives with profits too high. It's hard for many American companies to decide just what to do with all that excess cash. Should they please income investors and raise dividends? Go on an M&A binge to grow the business? Pay down debt? Last year

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