We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Add this topic to your myFT Digest for news straight to your inbox
Cigarette maker launched £2bn stock repurchase programme in 2022 but opted not to renew it this year
These popular programmes are no substitute for thoughtful investment in growth — and decent pay for staff
Purchases by the world’s biggest 1,200 companies triple in a decade to rival dividends in scale
CEO says bank better off returning money to shareholders but analysts expect lender to examine acquisitions
Pre-tax profits at UK-based lender triple to $12.9bn in first quarter
UK energy group leaves dividend unchanged as earnings dip below record 2022 levels
Cost-cutting and AI competition has forced tech group to redouble its efforts to turn research into services
Europe’s biggest food delivery group seeks to appease investors after customers cut back on spending
Fed chief says pace of rate rises matters in battle against inflation
Buyback to where you once belonged
Plus, US stocks are expensive
And Buffett on buybacks
Bank unveils $1bn share buyback as it prepares to fend off potential First Abu Dhabi Bank bid
Such moves are hardly a sign of faith in companies
Move to boost stock comes after hedge fund publishes report alleging accounting irregularities at UK cyber group
Well done everyone, trebles all round
US group also expects to increase capital spending but at lower levels than forecast pre-pandemic
Governments must approach these partnerships as an opportunity to maximise public value
Energy group to raise dividend and buy back further $4bn of shares as oil division helps deliver bumper earnings
Chinese tech group has increased repurchases to spend more than $3bn this year
Group among FTSE 100’s best performers over past year as investors seek refuge in big tobacco
Move attempts to quell dissent after ejection from FTSE 100
A contrarian case
Proposals come days after Swiss bank pulls out of deal to buy fintech Wealthfront
International Edition
