Category: Stock Buybacks

G.M. Shares Rise as Investors Are Encouraged by 2026 Prospects

The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
Trump Seeks New Powers to Pressure ‘Underperforming’ Weapons Makers

In an executive order, President Trump is aiming to punish defense contractors that don’t deliver weapons quickly enough.
Demystifying the Trillion Dollar Debate Over Share Buybacks

The New York Times – Business:
The White House is at odds with business leaders over share repurchase programs. DealBook digs into the numbers to see who’s gaining from the practice.
Berkshire Hathaway Reports Major Investment Losses in 2022

The New York Times – Business:
After a $22.8 billion loss, Warren Buffett called the figure “100 percent misleading” and urged shareholders to focus on his empire’s overall health.
The New York Times Company Reports 11% Rise in Revenue

The New York Times – Business:
The company said it added more than a million digital subscribers in 2022, bringing its total number of paying subscribers to 9.6 million.
Meta Soars by Most in Decade, Adding $100 Billion in Value

The New York Times – Business:
Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.
Meta Soars by Most in Decade, Adding $100 Billion in Value

The New York Times – Business:
Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.
Treasury Department Outlines Rules for New Corporate Taxes

The New York Times – Business:
The preliminary guidance applies to an alternative minimum tax for large corporations and a tax on stock buybacks, which helped fund President Biden’s climate and health bill.