With interest rates at record lows, corporate cash balances at record highs, and tax policy visibility as low as it could ever be, corporate spending on buybacks came in 50% higher in 2012 than the average in the preceding decade. The turn towards buybacks is clear; how it will affect total returns isn’t as certain. [...] View the full post at: The Buyback ETF that Crushes the Market Year After Year Related posts: Microsoft, Hewlett-Packard Increase Stock Buybacks Apple plans no dividend or buyback – Jobs Don’t Buy In to Share Buybacks