A volatile cocktail of rising interest rates, unsteady consumers and weak capital markets is prompting Australian boardrooms to return more capital to shareholders via buybacks this year.
Over the August earnings season, boards across a broad swathe of corporate Australia declared new buybacks or extended share buyback programs to return capital through a method traditionally favoured by US companies.
Loading...
Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
