Many companies have suspended share-repurchase plans, removing a crucial pillar of support for the stock market during the coronavirus crisis
Many companies have suspended share repurchase plans, removing a crucial pillar of support for the stock market during the coronavirus pandemic
The stimulus package aimed at addressing the coronavirus pandemic includes a restriction: any company that takes aid will have to swear off stock buybacks while receiving government funds. WSJ explains share buybacks and how they became targeted in the bailout.
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