U.S. buyback announcements slow, but on track for $1 trillion: TrimTabs

U.S. companies’ taste for their own shares is set to push buybacks past the $1 trillion-a-year mark for the first time as soon as November, TrimTabs Investment Research said, even as its latest data showed the pace of new repurchase announcements slowing during the second-quarter reporting season.

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Source:: Reuters – Business News