Record Start to 2024: Companies Ramp Up Share Repurchases Companies around the world are starting to buy back their own shares at a fast pace as 2024 begins, thanks to strong earnings that were better than many expected. After being cautious with their money in 2023 due to high borrowing costs, businesses are now expected to increase their share buybacks this year. In the United States alone, companies have announced plans to buy back $105 billion of their own shares just in the first week of February, a record start to the year. This is seen as a big support for stock markets, which are already hitting new highs, with the S&P 500 Index reaching new records nine times this year. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed’s Focus Shifts: Slowing QuantitativeTightening is Key READ MORE IMF's Brighter Global Outlook: U.S. Strength and China's Stimulus Lead the Charge READ MORE Fed's Current Economic Outlook and the Latest Rate Cut Speculations READ MORE China's Gold Demand Rises: Central Bank Buys as Lunar New Year Approaches READ MORE Fed’s dovish pivot ‘inertia’ may spell trouble for long-term bonds, BlackRock says READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
