Article from Jason Zweig of The Wall Street Journal discussing buybacks and how politicians are wrong to demonize them.
Summary:
In his article “The Fireworks Over Share Buybacks Are Duds,” Jason Zweig addresses the debate over corporate share repurchases. He notes that critics often view buybacks as a modern issue, but in reality, companies have been repurchasing shares since the early days of the United States. Zweig emphasizes that the current discourse on buybacks is not a new phenomenon but rather a recurring topic in financial discussions.
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