Share Buybacks Surge Despite New Tax

Share buybacks have surged despite the new excise tax imposed on them. What are share buybacks, the benefits for companies and shareholders, and their impact on the economy?

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LINKS: https://finance.yahoo.com/news/stock-buybacks-have-surged-in-the-weeks-since-washington-began-taxing-them-181540083.html

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.