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Stock buybacks among S&P 500 firms for Q2 plunged to a record low $24.2B, down 72% from a...

Sep. 15, 2009 10:49 AM ETBy: Eli Hoffmann, SA News Editor2 Comments
Stock buybacks among S&P 500 firms for Q2 plunged to a record low $24.2B, down 72% from a year ago, S&P says. "Until sales and profits improve, and for more than one quarter, buybacks will be for the few brave companies that are willing to be separated from their cash security blanket."

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