Quote:
Originally Posted by Kenswing
But how does that compare to prior years? And if it has increased (which I'm sure it did) did R & D and employee spending increase also? Or did all of the tax break money go into buybacks?
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Actually, Ken, I cannot resist a good question so I went on a quick hunt to try to answer yours. I was looking for definitive comparisons.
You are right with your "which I'm sure it did" comment. But I wanted to find percentages. I found articles from earlier in the year which said buybacks were outpacing capex but capex was happening, just not as much going into it. 2018 buybacks were way ahead of 2017, according to one article.
I guess we will see more articles and opinions early in 2019 or when all the numbers are in.