Thanks to a combination of the new tax law and strong earnings, it was a record-setting first quarter for share buybacks, with S&P 500 companies repurchasing $178 billion worth of their own stock. Moreover, as today’s article notes, “first-quarter buybacks could possibly reach $186 billion, putting S&P 500 companies on track to return shareholders over $1 trillion for the first time in history, through dividends and buybacks, for this year.” For investors seeking to take advantage of this buyback action, the article highlights several ETFs to consider for that purpose. CLICK HERE.
ETFs To Take Advantage Of Record-Setting Share Buyback Action
Tags:$178 BillionbuybacksDividendsETFsInvestInvestmentsInvestorS&P 500Share BuybacksSharesstock marketstocksStrong EarningsTax Law