The Wall Street Journal
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Why Big Companies Are Planning Record Stock Buybacks During a Major Selloff
Posted
March 2, 2023
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21,781
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March 2, 2023
21,781
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3:19Now PlayingCompanies like Meta and Goldman Sachs are on pace to buy back more than $1 trillion worth of their own stock this year. And the buying binge is happening as both institutional and retail investors are selling stocks in a big way.
I’ll explain why companies buy their own stock and why they’re choosing to do so now.
I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.
#Stocks #Buyback #DionRabouin
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