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Stock buybacks have become popular in the past two decades, but historically tend to happen the most at cyclical tops when stocks are expensive: Chart Source: Yardeni Research Despite a lot of controversy recently, there's nothing wrong in principle with stock buybacks, especially when ...
Senators Chuck Schumer and Bernie Sanders yesterday took to the New York Times to castigate corporate boards for returning profits back to company owners. D.C. bureaucrats, they insist, know better than boards on what to do with that cash. More news on: Invesco Buyback Achievers Portfo...
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SSGA SPDR S&P 500 Buyback ETF Company Name:
SPYB Stock Symbol:
NYSE Market:
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced plans to close and liquidate the SPDR S&P ® Technology Hardware ETF (XTH) and the SPDR S&P 500 Buyback ETF (SPYB) based on an ongoing review of the SPDR ETF offe...