stock buybacks
Coverage of stock buybacks in the Nexus archive.
- Debatable: Restrictions on defense stock buybacks
Congress is debating a provision requiring defense contractors to seek Pentagon approval for stock buybacks and dividends, with bipartisan support from Senators Elizabeth Warren, Josh Hawley, and Mike Lee. Industry groups, including the US Chamber of Commerce, oppose the measure, calling it a federal overreach, while Rep. Chris Deluzio argues it addresses misuse of profits by defense companies.
- Corporate America is pumping $1 trillion into stock buybacks — but look at what insiders are doing
Corporate America is investing $1 trillion in stock buybacks, while insiders are directing cash toward 22 U.S. stocks. The article highlights the contrast between corporate buybacks and insider investment activity.
- Lobbying push to nix Pentagon defense contractor share buyback ban heats up
Defense companies and their trade groups are lobbying Congress to oppose a requirement that the Pentagon approve stock buybacks. The push aims to prevent a law mandating Pentagon approval for such financial activities by defense contractors.
- Defense contractors would be barred from buying back their stock in bill approved by Senate panel
The Senate Armed Services Committee approved a bill that would prohibit defense contractors from repurchasing their stock without prior approval from the Pentagon.