All of this and more on nightly Business Report for this may 28th 2014. Good evening, everyone, mcdonalds served up a big happy meal for shareholders today. It announce d a 20 billion package of stock buybacks and dividends by the year 2016. Now, this new plan could give investors 20 more cash than they received during the last three years. The higher return comes at a time of weak Company Growth at the Fast Food Company as u. S. Sales have continued to be disappointing. But despite the news, shares at mcdonalds still slipped a percentage. Mcdonalds and much of Corporate America have a big appetite for buybacks and so far this year the stock repurchases are at lofty levels. Some wall street pros believe they have propped up the market, is that true and what does it mean for investors . Dominic chu reports. Reporter according to S P Dow Jones industry analyst, the s p 500 companies are already reporting 107 billion in purchases during the First Quarter of 2013. And the numbers are still
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