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.” Read the article here… The Great Buyback Binge of 2013 Will Continue: S&P