Study finds independent directors are efficient at monitoring buybacks and avoiding those “that would destroy long-term shareholder value”.
Analysts say that increasing corporate debt is often tied to share buybacks, which in turn relates to the sale of stock by executives.
The current challenging context will reveal to companies which of their shareholders have a long-term view—and which do not.
Both WPP and Adidas have delayed plans to employ the controversial capital management tool, reflecting ongoing concerns in the UK and US about its use.
As Democrat presidential hopefuls line up, corporate governance—including share buybacks—emerges as a campaign issue.
The number of share buybacks is mounting and the UK is concerned that they may happen to be boosting executive pay. Board Agenda considers the arguments for and against share buybacks.
Remuneration committees should have responsibility for reporting on what happens to executive pay following a share buyback, according to the Institute of Directors (IoD).
The UK government is investigating share buybacks, but could capital allocation be a subject for more disclosure and the corporate governance code?
Infosys’ board seeks to vigorously defend its now-departed CEO Dr Vishal Sikka, who it alleges has quit following criticism from co-founder Narayana Murthy.
Unilever looks to purchase legacy preference shares in a bid to make the the business “easier to understand”. Its success in fending off a takeover bid by Kraft Heinz raised questions about Unilever’s direction and governance.