While buybacks are becoming ever more popular, companies have been pretty bad at timing them, a...

|By:, SA News Editor

While buybacks are becoming ever more popular, companies have been pretty bad at timing them, a report shows. Out of 380 S&P 500 firms that repurchased shares, 84 bought stock when the price was high and only 60 bought when it was low, while 72 saw poor returns within a year vs. 57 that saw good results.