Data Update 9 for 2025: Dividends and Buybacks - Inertia and Me-tooism!
Musings on Markets
MARCH 5, 2025
In my ninth (and last) data post for 2025, I look at cash returned by businesses across the world, looking at both the magnitude and the form of that return. I start with a framework for thinking about how much cash a business can return to its owners, and then argue that, in the real world, this decision is skewed by inertia and me-tooism.
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