Davis Polk partner and Capital Markets Group co-head Richard Truesdell was quoted in an International Financial Law Review article discussing the future of corporate buybacks in light of COVID-19. Truesdell noted, “Stock prices are back to all-time highs so there is not a lot of interest in restarting programmes, which, coupled with the political backlash, explains why these numbers are below average.”

“COVID-19 Creates an Uncertain Future for Share Buybacks,” International Financial Law Review (August 13, 2020) (subscription required)

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