Read the full article on See It Market.
Excerpt:
- Q3 featured just a modest increase in global share repurchase announcements, and the fourth quarter is off to a sluggish start
- A trio of consumer companies crossed our radar with encouraging buyback plans despite generally tightening financial conditions
- As earnings season progresses, watching repurchase program trends could offer insights into the 2024 economic landscape
Corporate buybacks turned higher in Q3 on a trailing four-quarter basis. Temper your excitement, however, as the uptick barely registered on the long-term buyback announcement chart.
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