Buybacks Slowing, Buyback ETF not so Much
March 12, 2014 at 08:15 AM EDT
Following a breakneck pace of share repurchases by U.S. companies ($445.3 billion was spent on buybacks in just the first three quarters of 2013), the pace is slowing a bit in 2014. While 140 companies authorized buybacks last month, up from 130 in February 2013, the authorization was “just” $80...