The following video is from this week's MarketFoolery podcast, in which host Chris Hill, along with Jeff Fischer and Jim Gillies, discuss the latest business news. A recent study revealed that many companies in the S&P 500 make a mistake with their share-buyback programs. Among the absolute worst performers in the study are Genworth Financial, Sprint Nextel, and Alcoa. In this segment, the guys take issue with the study's timeframe while also analyzing why share buybacks are a referendum on a company's leadership.
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The article 5 Stocks Blowing Money on Buybacks originally appeared on Fool.com.
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