stock buyback

What's Behind the Share Buyback Binge?

Companies that have piled up cash over the past few years are finding one good use for it: Repurchasing their own shares. January alone saw $57 billion in buybacks, compared with $357 billion for all of 2010. While buybacks don't add value, they do give investors more options.

Bank of America May Pay Employee Bonuses in Stock

As Bank of America continues to cope with fallout from the housing and mortgage crisis, the financial institution may have to pay some year-end employee bonuses in the form of stock because of a possible cash shortfall related to its buy-back of stock from the federal government.

Why Stock Buybacks Are a Waste of Shareholder Resources

So far in 2010, U.S. companies have announced stock buybacks totaling more than five times as much as they had at this time last year. But evidence suggests that such buybacks a more likely to be money losing propositions -- except for the CEOs whose bonuses they artificially inflate.

Yahoo Approves
$3 Billion Stock Buyback Program

Yahoo's board gave the go-ahead for a hefty stock-repurchase program of up to $3 billion over a three year period, the company said in an SEC filing Wednesday. The stock has largely remained stagnant in the low- to mid-teens since CEO Carol Bartz came aboard early last year.