Talk:Share repurchase

History of repurchases
There is virtually nothing about the history. The adoption of the main rule, SEC Rule 10b-18, is not explained. Why was it adopted? The situation before that is never discussed.

The only hint of history is the first paragraph under "Economic impact", which is confusing. Share repurchases have been critically evaluated since the 1970's but after 1982, the Securities and Exchange Commission largely condoned them. At that time, the agency already ascertained "that a large volume of stock buybacks would manipulate the market". Only when Rule 10b-18 was implemented in the US, stock repurchases were seen as "virtually unregulated". What does "critically evaluated" mean? (Be specific.) How does that differ from "largely condoned"? What changed in 1982 about the legal situation, aside from having a rule? What is the source of the quoted material? (And why is this vague history misclassified?) Zaslav (talk) 05:30, 27 November 2022 (UTC)