Jeff Carter of Points and Figures posted some nice thoughts on share repurchases this morning, which I wholeheartedly agree with. Namely, that big buyback plans fail to appropriately reduce a company’s share count and dividends make for a smarter market by empowering individual investors. read “buybacks are keynesian”

Brown-Forman Corporation (BF-B) this morning announced the authorization of up to $250 million in share repurchases through November 30, 2011. continue…

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