After years of responding to shareholder calls for stock buybacks and dividends, major American companies are hearing a different demand from investors: purchase growth.In a low-growth economy in which earnings gains have trailed a run-up in share prices, investors are ready to endorse big deals if that's what it takes to boost revenue and profits.While stock price gains in the past year have made it tougher to find cheap targets, it also means buying back shares has become much more costly for companies. Using their own expensive stock for deal making may reap companies more benefits than repurchasing shares at what might be the top of the market, some investors say.About 72 percent of announcements of acquisitions worth $1 billion or more in value in the first quarter were followed by gains in the stock prices of the buyers, up from 60 percent in the previous quarter and compared with a seven-year average of 50 percent, Thomson Reuters data shows.
Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 2.19% or $-0.76/share to $33.91. In the past year, the shares have traded as low as $31.38 and as high as $38.73. On average, 851408 shares of TRI exchange hands on a given day and today's volume is recorded at 912931.
Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 1.59% or $-0.6/share to $37.23. In the past year, the shares have traded as low as $32.83 and as high as $42.10. On average, 1008080 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 661925.
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