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Share buybacks on the US stock market have dropped to the slowest pace since 2020
Growing pressure to invest and regional banking turmoil also deterred companies from purchasing their own shares
The FT’s US financial editor Brooke Masters explains why share buybacks have become so hotly debated
Chief’s aggressive approach helps the bank over-deliver
Results strengthen bank’s hand against Ping An’s activist campaign to split business
Second-quarter earnings plunge to $2.6bn on lower refining margins
Some are entering into oblique contracts with brokers that can cost far more than purchasing on the open market
JPMorgan Chase, Goldman Sachs and Wells Fargo among lenders subject to lighter capital requirements
Cigarette maker launched £2bn stock repurchase programme in 2022 but opted not to renew it this year
These popular programmes are no substitute for thoughtful investment in growth — and decent pay for staff
Purchases by the world’s biggest 1,200 companies triple in a decade to rival dividends in scale
CEO says bank better off returning money to shareholders but analysts expect lender to examine acquisitions
Pre-tax profits at UK-based lender triple to $12.9bn in first quarter
UK energy group leaves dividend unchanged as earnings dip below record 2022 levels
Cost-cutting and AI competition has forced tech group to redouble its efforts to turn research into services
Europe’s biggest food delivery group seeks to appease investors after customers cut back on spending
Fed chief says pace of rate rises matters in battle against inflation
Buyback to where you once belonged
Plus, US stocks are expensive
And Buffett on buybacks
Bank unveils $1bn share buyback as it prepares to fend off potential First Abu Dhabi Bank bid
Such moves are hardly a sign of faith in companies
Move to boost stock comes after hedge fund publishes report alleging accounting irregularities at UK cyber group
Well done everyone, trebles all round
US group also expects to increase capital spending but at lower levels than forecast pre-pandemic
UK Edition
