U.S. Buybacks Reach Highest Level Since 2007

Members of the S&P 500 increased share buybacks by 8.6% during the third quarter to $128.2 billion up from the $118.1 billion spent on share repurchases during the second quarter, according to S&P Dow Jones Indices. On a year-over-year basis, S&P 500 buybacks climbed 23.6% to the...