35 days ago • Posted by William Ramstein
Expect dividends as firms bought back shares at a brisk pace in 2021
US firms have authorized $504B of share repurchases according the Goldman Sachs. That is the most we've seen during this period at any point in the last two decades. Apple said in April it authorized a $90 billion expansion of its buyback program, while Advance Auto Parts announced a 300% increase in its dividend.