, Columnist
The Buybacks Aren't Working
Rate rises and inflation give CEOs an opportunity to invest.
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Here's a sign it's time for CEOs to stop spending on buybacks and start reinvesting in their business.
The Solactive European Buyback Index, which tracks companies that have announced stock repurchases in the past two months, is down 1.9 percent since the end of September and is underperforming the broader European market.