Markets, Wall Street, Buybacks, Apple, Oracle,

Companies bought back a record $223 billion of their own stock last quarter — even though Congress has been criticizing the practice

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Joshua Roberts/Reuters Both Democrats and Republicans have blasted corporate buybacks. But political pressure hasn’t deterred America’s publicly traded companies, mostly in the tech sector, from buying back their own stock. S&P 500 companies bought back a record $223 billion of stock in the fourth-quarter, according to a new S&P Dow Jones Indices report, bringing last […]

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