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Yahoo—-Poster Person For The Stock Buyback Mirage
03-31-2016, 06:29 PM,
#1
Yahoo—-Poster Person For The Stock Buyback Mirage
Yahoo—-Poster Person For The Stock Buyback Mirage

By GRETCHEN MORGENSON at the New York Times It is one of the great investment conundrums of our time: Why do so many stockholders cheer when a company announces that it’s buying back shares? Stated simply, repurchase programs can be hazardous to a company’s long-term financial health and often signal a management that has run…


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