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Posted On: 06/24/2018 12:45:20 PM
Post# of 27277
Now we know:
This is how major corporations are actually spending their tax cuts
CFOs say they have put their tax cut savings to work in a variety of ways, from debt reduction to employee rewards and stock buybacks, according to the latest CNBC quarterly survey.
Paying down corporate debt.
Stock Buyback activity, in a majority of cases remains the No. 1 use of capital overall.
This is how major corporations are actually spending their tax cuts
CFOs say they have put their tax cut savings to work in a variety of ways, from debt reduction to employee rewards and stock buybacks, according to the latest CNBC quarterly survey.
Paying down corporate debt.
Stock Buyback activity, in a majority of cases remains the No. 1 use of capital overall.
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