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The 30 companies listed on the Dow Jones industrial average have authorized $211 billion in buybacks in 2013, according to data from -Birinyi Associates,...

Tom McKay

Livewire Markets

The 30 companies listed on the Dow Jones industrial average have authorized $211 billion in buybacks in 2013, according to data from -Birinyi Associates, helping to lift the benchmark stock index to heights not seen since the tech boom of the late 1990s. By comparison, the amount is nearly three times what the group spent on research and development last year, according to data from S&P Capital IQ. Read more: (VIEW LINK)


Tom McKay
Managing Director and Co-Founder
Livewire Markets

Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.

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