Stock buybacks expected to be ‘dismal’ in Q2, S&P says
March 24, 2020 at 11:04 AM EDT
Stock buybacks by S&P 500 companies are expected to go from being “significantly” lower in the first quarter to being “dismal” in the second quarter, as companies look to preserve cash given uncertainties over the impact of the COVID-19 pandemic, according to S&P Dow Jones Indices.