Tag: Share buybacks

Is there more to share buybacks than boards have thought to ask?
Share buybacks are hugely popular, but boards need to watch their step, not least in terms of what is legal and fair.

Independent directors play essential role in assessing share buybacks
Study finds independent directors are efficient at monitoring buybacks and avoiding those “that would destroy long-term shareholder value”.

Share buybacks criticised for ‘short-term self-enrichment’ of executives
Analysts say that increasing corporate debt is often tied to share buybacks, which in turn relates to the sale of stock by executives.

Will Covid-19 accelerate the shift towards stakeholder governance?
The current challenging context will reveal to companies which of their shareholders have a long-term view—and which do not.

Pushback on buybacks as global brands postpone plans
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.

Share buybacks prompt promise of fresh US legislation
As Democrat presidential hopefuls line up, corporate governance—including share buybacks—emerges as a campaign issue.

Buyback mountain: why the rise in share buybacks is causing concern
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.

IoD seeks greater role for remcos over 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).

Share buybacks: a question of governance?
The UK government is investigating share buybacks, but could capital allocation be a subject for more disclosure and the corporate governance code?

Infosys board cites ‘founder criticism’ as reason for CEO’s departure
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.