IFR-Volatility drives share buy-backs
August 22, 2011 at 08:31 AM EDT
NEW YORK, Aug 20 (IFR) - US equity capital market bankers have been spending their days lately not trying to convince corporations to sell stock, but to buy it back. By all indications they are having little trouble as the amount of stock that has been bought back so far this year far exceeds what has been sold.