2011 is shaping up to be the third biggest year for corporate buybacks since 1985, according to...

|By:, SA News Editor

2011 is shaping up to be the third biggest year for corporate buybacks since 1985, according to Birinyi Associates. With $324B in stock repurchases already through July, we're on track to rack up over $550B by the end of the year. Corporations remain flush with cash, and with the S&P 500 trading at just 12.8 times earnings, the pipeline appears likely to remain full for some time to come.