BlackRock’s stock buyback plan at odds with CEO Larry Fink’s statements
Breakfast with Benjamin Larry Fink has been critical of the buyback trend, but that hasn't stopped BlackRock from buying back $275 million worth of its own stock on a quarterly basis.
- That awkward moment when an ongoing policy of buying back shares of your own stock conflicts with the CEO’s mantra of the downside of the practice. Welcome to BlackRock. Larry Fink has been critical of the buyback trend, but that hasn’t stopped BlackRock from buying back $275 million worth of its own stock on a quarterly basis. Oops.
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