Are share buybacks a proper use of corporate capital? Under certain circumstances and in certain instances, share buybacks can be a very bad or poor use of corporate capital.
Not Every Stock Buyback Is A Good Thing. Here's The Difference... - StreetAuthority
You hear about it often. A company buys back its own stock. The right way to do this — good for long-term holders of shares — is called a tontine. We’ll look at six tontines down below. But first, what is it? It may sound like a French pastry, but the tontine is a legal … Continued
Retirement tontines: Using a classical finance mechanism as an alternative source of retirement income
Households face two related but distinct financial challenges as they prepare for retirement: first accumulating enough retirement savings during their working years, and then spending down their a…