deaverb

Retailers Employ Share Buybacks to Beat the Street

Share Buybacks are a double win for investors. First, as with Dollar Tree, earnings per share improve. Secondly, management stays focused on the business not "deworsification" to quote Peter Lynch, thorugh diversification.

Author does not comment on the strong leadership each buyback company has in their field: DTLR # 1 in dollar business in most metrics--totally number one in dollar only; Wal-Mart, Kohls, Costco and Kohls. Quite a group.

Great article. Great to draw attention to this. And the last reason, stock buybacks not subject to double taxation as dividends are.