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March 3, 2004

All Business: Take a close look at stock buybacks

  • There are times when buybacks can actually hurt businesses and their shareholders over the long term.
  • By RACHEL BECK
    AP Business Writer

    NEW YORK -- Stock buybacks seem like they can only be a boon to investors -- they boost share prices and give each remaining shareholder a bigger piece of the corporate pie.

    At least that's what companies want everyone to think.


     
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