Big Spenders: S&p 500 Stock Buybacks Set Record In 1q

NEW YORK (AP) — Flush with savings from lower tax bills and profits from a growing economy, big U.S. companies are spending a record amount buying back their own stock. Stock repurchases hit $189.1 billion in the first quarter for the S&P 500, according to preliminary results from S&P Dow Jones Indices.Read more on NewsOK.com

Topics:  york ap     flush   u.s    stock   s&p dow jones   indices   newsok   s&p   big   record   
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