US stock buybacks prove that the US economy is still booming...
US stock buybacks prove that the US economy is still booming!
Major companies such as Apple, Morgan Stanley, Nike, Cisco, and Home Depot continue their efforts to repurchase shares, and more will do so in 2022 to avoid the 1% consumption tax that will take effect in 2023.
These profitable companies often use excess cash to buy back their shares as a way to return cash to shareholders.
As they have more cash on hand, shareholders are likely to continue to buy these companies and keep their stock prices flat...
Major companies such as Apple, Morgan Stanley, Nike, Cisco, and Home Depot continue their efforts to repurchase shares, and more will do so in 2022 to avoid the 1% consumption tax that will take effect in 2023.
These profitable companies often use excess cash to buy back their shares as a way to return cash to shareholders.
As they have more cash on hand, shareholders are likely to continue to buy these companies and keep their stock prices flat...
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