Stock retirements due to a merger, acquisitions and buybacks exceeded 130 billion in 2001 and for the 12 month period ending June 2006 it exceeded $400 billion.

Question

Quizplus · Accepted Answer

During the early 2000s, there was a significant trend of companies engaging in stock buybacks, mergers, and acquisitions, which led to a substantial amount of stock being retired. The figures mentioned, exceeding $130 billion in 2001 and over $400 billion for the 12-month period ending June 2006, reflect the scale of these activities during that time, aligning with historical data on corporate financial activities.

Stock Retirements Due to a Merger, Acquisitions and Buybacks Exceeded