TechLife News

BETTING ON THEMSELVES: SHARE BUYBACKS HIT RECORD HIGH IN 3Q

Corporations’ appetite for buying back their own stock has hit a record high.

Stock buybacks by companies in the benchmark S&P 500 index climbed to $194.07 billion in the third quarter, according to data from S&P Dow Jones Indices.

The buying spree, which has steadily

You're reading a preview, sign up to read more.

More from TechLife News

TechLife News1 min read
Samsung Vows To Keep Up Investment As Trade War Raises Risks
Samsung Electronics’ Vice Chairman Lee Jae-yong has vowed to keep up robust investments in key businesses as South Korea’s leading company weathers slowing demand and the impact of trade clashes between Washington and Beijing. In a weekend meeting wi
TechLife News2 min read
EU Legal Expert Says Online Defamation Enforceable Worldwide
A top European Union legal adviser said that social media networks like Facebook could be ordered to take down anywhere in the world any text, photo or other media ruled to be defamatory by a court. The U.S. social network said the opinion risks lett
TechLife News3 min readSociety
Police Thwarted By Electronic Doors During Virginia Shooting
Police responding to the deadly mass shooting at a Virginia Beach municipal building were unable to confront the gunman at one point because they didn’t have the key cards needed to open doors on the second floor. Over the radio, they desperately ple