Oh for sure buybacks are everywhere - even in HK now. However interest rates and tax alone, I don't think, fully explain the reason why US corporates buyback so much more aggressively than overseas counterparts.
I believe it has more to do with management incentives and renumeration.
Shell has been buying back shares - Even HSBC has started too. As has Diageo... maybe US corporates are just more aggressive?
Oh for sure buybacks are everywhere - even in HK now. However interest rates and tax alone, I don't think, fully explain the reason why US corporates buyback so much more aggressively than overseas counterparts.
I believe it has more to do with management incentives and renumeration.
Everything in the US relates to incentives and remuneration.