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Goldman sees gains from US stock buybacks

It says investors will benefit as firms exit a blackout period for repurchases next week

Published Wed, Apr 29, 2015 · 09:50 PM
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New York

INVESTORS will rake in more than US$1 trillion in 2015 as US companies increase stock buybacks and boost dividends, Goldman Sachs Group Inc said, with benefits coming soon as many S&P 500 companies exit a blackout period for repurchases next week.

The firm forecasts an 18 per cent jump in buybacks and a 7 per cent climb in dividends for the year…

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