The Great Buyback Binge of 2013 Will Continue: S&P

2013 witnessed the largest stock buyback amongst S&P companies since 2007. 401 S&P companies used record levels of cash built up from cost cutting and historically low interest rates to buy back more than $475 billion worth of shares. This elevated level of share repurchase helped the stock market rally through year end, and according to Howard Silverblatt, senior earnings analyst at th e S&P Dow Jones Indices, “This trend of greater shareholder rturn [should] continues throught 2014.”

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