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> Japan doesn't allow stock buybacks for most types of corporations. Where did you get this? Stock buybacks are commonplace in Japan. Try and search "ＴＯＢ 株" or
by nandemo 12y ago
> Japan doesn't allow stock buybacks for most types of corporations.
Where did you get this? Stock buybacks are commonplace in Japan. Try and search "ＴＯＢ 株" or "株式公開買い付け" on Google News (use Google Translate if you can't read Japanese).
Non-dividend-paying stocks are much less common than in the US, but that doesn't mean that buybacks aren't allowed.
- Animats 12y agoSorry, obsolete info. "Repurchases by firms in the open market, the main type of buy-backs today, used to be banned. America loosened its rules in 1982, Japan in 1994 and Germany in 1998." (http://www.economist.com/news/business/21616968-companies-have-been-gobbling-up-their-own-shares-exceptional-rate-there-are-good-reasons http://www.economist.com/news/business/21616968-companies-ha...)