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What’s Behind the Share-Buyback Binge?

by on Feb.11, 2011, under Towing

Companies that have piled up cash over the past few years are finding one good use for it: Repurchasing their own shares. January alone saw $57 billion in buybacks, compared with $357 billion for all of 2010. While buybacks don’t add value, they do give investors more options.

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What’s Behind the Share-Buyback Binge? originally appeared on DailyFinance on Fri, 11 Feb 2011 11:00:00.

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