About This Source - Bloomberg Technology
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg Technology:
Bloomberg Technology published this video item, entitled “SoftBank Nears End of $23 Billion Buyback” – below is their description.
Apr.27 — SoftBank Group Corp. has used almost of the $23 billion dollars allocated for share buybacks, and that is raising fears of an end to the bull run. The company purchased more than $20 billion worth of its own shares over the past year through March. Pavel Alpeyev report on “Bloomberg Daybreak: Asia.”Bloomberg Technology YouTube Channel
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In This Story: Share buyback
A share buyback or share repurchase is the re-acquisition by a company of its own shares. It represents a way of returning money to shareholders, in addition to dividends.